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

[seriouscoin]

http://bitcoin.clarkmoody.com/

^ 1d shows classic bubble pattern, minus the double top.

$200 by Friday a definite possibility.  

Mark it. $200 by Friday.

Can you stop quoting him? Hes ignored by most of us here.

You and a couple friends ignored him, so you want everyone else to do so? I quoted him once, dude. For fun. Chill....

Looking at his ignore button.... its not couple friends lol. I'm chill dude. I like to read everyone post thats why i hope you dont quote him.... so i dont have to select.... i'm a lazy bear.

[solex]

Wow. Someone's desperately trying to push the price down.  

I can see 1500 in the horizon and its not a mirage.....

If the 4 major exchanges all hit $1100 to $1200 again then it will be the 3rd occasion and bullish for another leg up. How many bubble top peaks ever end in a triple header? None.

[Vigil]

I think we need to be around $400-$500 to get enough new buyers to take this much higher at this point. I know a few people who want to get in but are very hesitant at $1000 or close. something really needs to be done to overcome the psychological hurdle of the whole BTC vs mBTC and all that. No one wants to buy less than a bitcoin, its almost inconceivable for them to see it in terms of fractions.

We do need to get the mBTC switch underway.   I run into so many(most) who can't wrap their minds around the concept of being able to buy fractions, they all want to buy whole amounts, and even at $140 and $300 they were saying they were expensive.   They don't think those amounts are expensive anymore, but can't seem to realize that at some point, $1k will seem cheap too.

We don't need the price to be low though.   Maybe YOU do . . .

People want their money to go a long way. It went from $100 to $1000 very quickly. We need some intermediary before we are at a steady $1000.

I don't think calling them mBTC even will do the trick - it needs to be a unique name and identifiable. I think it was pooched from the beginning, no way to change it now. We are stuck with bitcoin, that is what it is called. People want bitcoin, not millibitcoin.

[seleme]

The fall is imminent  

It would be great if it could do it butI just don't see enough steam to break through. Mind you, I am already proved very wrong though.

Did you already sell that position you had at $610 back during the "crash"?

I sold same day at about 700$ and had few small profit trades yesterday. Got out too early, I know, definitely didn't expect it to go as high on Sunday.

I did the same as I was prepared for just a bit more decline. Next time I will be satisfied with doubling my position and hold it for a bit longer.

Oh no!!! Here we go...

Yep, I don't usually trade btc vs usa, I trade mostly alts vs btc and with taking fast profit strategy, but this looked as such a good opportunity. I'd still be around the same btc position before the crash if I'd buy now but just don't feel comfortable to do it.

Buy back in at $750?

No, I'll bet for lower, 500 or so. I could buy some at any price if I see opportunity for fast swing though.

Bad.... decision.... you see the problem is you already missed one opportunity. You're gonna miss another one. Unless you dont sleep and watch the market 24/7

I'll risk. I'm happy if btc goes over 1k really even if I lose few coins. That gives me a safety to easy pay my bills with bitcoin profits, 2 BTC at 1000$ is enough to be very comfortable where I live, and I can make that easily monthly with trading.

But I'm not comfortable in buying now so I'll try my luck in getting much more coins than I could lose in some short term. Don't like fiat vs btc trading but when I already jumped on it, let's bebrave and try to make most of it

[beetcoin]

http://bitcoin.clarkmoody.com/

^ 1d shows classic bubble pattern, minus the double top.

$200 by Friday a definite possibility.  

Mark it. $200 by Friday.

im willing to buy at $300 troday, which is over $100 of market value by friday.

[spooderman]

some buying going on

[Vigil]

some buying going on

Its all the guys who think that $915 was the bottom. They think it is ready to go back up now, cause to them there is no way this train is stopping and that its impossible that we aren't headed to $3000 right now.

[seriouscoin]

The fall is imminent  

It would be great if it could do it butI just don't see enough steam to break through. Mind you, I am already proved very wrong though.

Did you already sell that position you had at $610 back during the "crash"?

I sold same day at about 700$ and had few small profit trades yesterday. Got out too early, I know, definitely didn't expect it to go as high on Sunday.

I did the same as I was prepared for just a bit more decline. Next time I will be satisfied with doubling my position and hold it for a bit longer.

Oh no!!! Here we go...

Yep, I don't usually trade btc vs usa, I trade mostly alts vs btc and with taking fast profit strategy, but this looked as such a good opportunity. I'd still be around the same btc position before the crash if I'd buy now but just don't feel comfortable to do it.

Buy back in at $750?

No, I'll bet for lower, 500 or so. I could buy some at any price if I see opportunity for fast swing though.

Bad.... decision.... you see the problem is you already missed one opportunity. You're gonna miss another one. Unless you dont sleep and watch the market 24/7

I'll risk. I'm happy if btc goes over 1k really even if I lose few coins. That gives me a safety to easy pay my bills with bitcoin profits, 2 BTC at 1000$ is enough to be very comfortable where I live, and I can make that easily monthly with trading.

But I'm not comfortable in buying now so I'll try my luck in getting much more coins than I could lose in some short term. Don't like fiat vs btc trading but when I already jumped on it, let's bebrave and try to make most of it

Are you mining altcoins ? lol

[seleme]

some buying going on

Its all the guys who think that $915 was the bottom. They think it is ready to go back up now.

Well, to be honest, I thought that at 700, 750, 800, 850

You never know with BTC, it's strange shit.

[Peter R]

We do need to get the mBTC switch underway.   I run into so many(most) who can't wrap their minds around the concept of being able to buy fractions, they all want to buy whole amounts, and even at $140 and $300 they were saying they were expensive.   They don't think those amounts are expensive anymore, but can't seem to realize that at some point, $1k will seem cheap too.

This has been debated to death for good reason: the public doesn't "get" that the decimal point is arbitrary.  Come on exchanges: just cite the price in mBTC and we'll find out soon enough what the new unit is called.  

[Nolo]

Just throwing this out there.  Not much technical analysis to base it on other than staring at the order book for hours on end. $980 within 2 hours.

[seleme]

The fall is imminent  

It would be great if it could do it butI just don't see enough steam to break through. Mind you, I am already proved very wrong though.

Did you already sell that position you had at $610 back during the "crash"?

I sold same day at about 700$ and had few small profit trades yesterday. Got out too early, I know, definitely didn't expect it to go as high on Sunday.

I did the same as I was prepared for just a bit more decline. Next time I will be satisfied with doubling my position and hold it for a bit longer.

Oh no!!! Here we go...

Yep, I don't usually trade btc vs usa, I trade mostly alts vs btc and with taking fast profit strategy, but this looked as such a good opportunity. I'd still be around the same btc position before the crash if I'd buy now but just don't feel comfortable to do it.

Buy back in at $750?

No, I'll bet for lower, 500 or so. I could buy some at any price if I see opportunity for fast swing though.

Bad.... decision.... you see the problem is you already missed one opportunity. You're gonna miss another one. Unless you dont sleep and watch the market 24/7

I'll risk. I'm happy if btc goes over 1k really even if I lose few coins. That gives me a safety to easy pay my bills with bitcoin profits, 2 BTC at 1000$ is enough to be very comfortable where I live, and I can make that easily monthly with trading.

But I'm not comfortable in buying now so I'll try my luck in getting much more coins than I could lose in some short term. Don't like fiat vs btc trading but when I already jumped on it, let's bebrave and try to make most of it

Are you mining altcoins ? lol

No, I never mined anything in my life. Wish I did though, that's where easy money, without headaches is.

[TERA]

Unless you dont sleep and watch the market 24/7

This is exactly what I do. A hefty price to pay for making insane gains on my btc. I'll stop and just go long once I've collected 1000BTC.

[seriouscoin]

Just throwing this out there.  Not much technical analysis to base it on other than staring at the order book for hours on end. $980 within 2 hours.

Nope, $900 in 2hrs

[Vigil]

We do need to get the mBTC switch underway.   I run into so many(most) who can't wrap their minds around the concept of being able to buy fractions, they all want to buy whole amounts, and even at $140 and $300 they were saying they were expensive.   They don't think those amounts are expensive anymore, but can't seem to realize that at some point, $1k will seem cheap too.

This has been debated to death for good reason: the public doesn't "get" that the decimal point is arbitrary.  Come on exchanges: just cite the price in mBTC and we'll find out soon enough what the new unit is called.  

It shall be called a "Million".

[seriouscoin]

Unless you dont sleep and watch the market 24/7

This is exactly what I do. A hefty price to pay for making insane gains on my btc. I'll stop and just go long once I've collected 1000BTC.

how far are you from that now?

LOL cause i would love to see you shut up

[CryptStorm]

Wow. Someone's desperately trying to push the price down. 

I can see 1500 in the horizon and its not a mirage.....

If the 4 major exchanges all hit $1100 to $1200 again then it will be the 3rd occasion and bullish for another leg up. How many bubble top peaks ever end in a triple header? None.

+1

[JimboToronto]

http://bitcoin.clarkmoody.com/

^ 1d shows classic bubble pattern, minus the double top.

$200 by Friday a definite possibility.  

Mark it. $200 by Friday.

Can you stop quoting him? Hes ignored by most of us here.

Aren't they both?

[seriouscoin]

Wow. Someone's desperately trying to push the price down. 

I can see 1500 in the horizon and its not a mirage.....

If the 4 major exchanges all hit $1100 to $1200 again then it will be the 3rd occasion and bullish for another leg up. How many bubble top peaks ever end in a triple header? None.

+1

If we break the ATH, we will be heading to $10k.... fck all these bears!!!

[seriouscoin]

http://bitcoin.clarkmoody.com/

^ 1d shows classic bubble pattern, minus the double top.

$200 by Friday a definite possibility.  

Mark it. $200 by Friday.

Can you stop quoting him? Hes ignored by most of us here.

Aren't they both?