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

[alexeft]

I would love to see a bunch of coins dumped like that and see the market return to a fair price fueled by investor demand rather than speculation. If I could get a rock solid price like that which I could feel completely safe with, then I would hold my coins in codl storage and take a break from the exchanges and the charts.

What is a fair price?

anything less then 10,000$  

Mmmmm... I was thinking on $100k?

I'm with you bro! 

[vpk]

I would love to see a bunch of coins dumped like that and see the market return to a fair price fueled by investor demand rather than speculation and games. If I could get a rock solid price like that which I could feel completely safe with, then I would hold my coins in codl storage and take a break from the exchanges and the charts.

Investor is just a nicer name for a speculator. Whats the real difference, both are in it to make as much money as possible?

I doubt anybody comes to bitcoin just to earn a nice 6-8% on their money annually?

[wachtwoord]

Mmmmm... I was thinking on $100k?

$10k-$100k

Were way above the exponential trend too.

We are, but remember there is no law stating we need to stick to the exponential trend. Many exponential trends exists that are steeper so we wouldn't need to have gone super-exponential even.

[pera]

next top 800
next bottom 300
consolidation @ 500

Plausible.

Just like:

next top 700
next bottom 450
Fast climb to 1000

I don't think we are going to see 450 as a bottom again anymore, imo there are only two possibilities: 500 or 300
 

[wachtwoord]

Investor is just a nicer name for a speculator. Whats the real difference, both are in it to make as much money as possible?

An investor is someone that buys some asset because the current price is sufficiently lower than the value.

A speculator buys things (anything) because he believes there is sufficient chance he can sell it to someone else for more. Value is not a factor at all.

[adamstgBit]

price is moving!

[esse83]

price is moving!

Ding Ding Ding.. 706$

[Dragonkiller]

choo choo

early xmas present? 

[adsdas]

ATH soon, wohoo

[jojo69]

that is bang on the trend line

quick, panic buy so it can crash

[freethink2013]

looks like the last minute christmas gift market is pushing us upwards. expect hundreds of threads tomorrow on how to print a paper wallet!

[TERA]

ATH soon, wohoo

ATH? ATH is $1250. How do you get that conclusion, from $710?

[justusranvier]

I would love to see a bunch of coins dumped like that and see the market return to a fair price fueled by investor demand rather than speculation and games. If I could get a rock solid price like that which I could feel completely safe with, then I would hold my coins in codl storage and take a break from the exchanges and the charts.

I would love to see virtually all large holders of fiat miss the boat on Bitcoin and be effectively shut out from the future economy.

[EFS]

Time to choo choo!

[RandyMagnum]

Haha, bids sure piled ontop of $700 at Gox fast.  Hurry, move the wall up...  Hopefully nobody breaks wind in that direction and knocks it over.

[molecular]

next top 800
next bottom 300
consolidation @ 500

no, that's too easy.

[freethink2013]

we'll have a crisis of confidence over christmas, dip below 700 then it's to the moon. four figures in '14 once we shake off the chinese.

[freethink2013]

it's funny the way at certain values (100, 500, 700, 900, 1000) we'll push against it tentatively a bit and then panic a few times before plucking up courage to go past it. It's very human

[elg]

codl storage

[TERA]

This is EXACTLY what happened in May. Huge walls popped up and pushed up the price on low volume.