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

[kurious]

Bears, your lack of alts dumping is disgraceful  

I know wtf...... today sucks in all kinds of ways

Not bad here, I've done pretty well on McxNow. Finally got completely rid of my fees for juicy profit + 5-6 BTC more than my target was and made some on that mCXBux shit.

But I did expect to buy some cheap alts in this drop.

Me too - they are sitting far prettier with all this 'panic' in the air - picked up some LTC and minor alts - but still waiting for lower...

Disappointing, not crashing way more than BTC like even 6 months back... hmmm!

Still, it is a time to pick some up cheap(er), if not yet 'cheap'!

[1714001658]

1714001658

[BitChick]

just buy at 750 it wil go some coins lower.......... but then sky high  

the predictions are right

I would say the contrary. Since we broke 750 support, is all the way down to 700 and even 600 if people panic more. And a recovery will be so slow, you'd grow old watching it.

If NY news is good tomorrow we break $800 at stamp.  Wall St will be watching.

Yes this.  But I think most people are waiting to see what happens with the looming January 31st supposed deadline in China.  When nothing happens, or a small dump and recovery, then everyone that has been waiting until then to buy will have to jump in and we we will see ATH in the next couple of weeks.  That is my prediction.  I was thinking about just ignoring BTC until February 1st, especially since I am just a hodler anyways.

[Davyd05]

i expect a very tight V shaped recovery, this drop is off pure FUD IMHO

We should have been making millions arbing with bitstamp lol while cavirtex was closely tied to gox prices lol...well I should say I should have possible that you already did so.

I really got to get verified at bitstamp, the arbing should be fairly easy as both exchanges are easy for in/out of money.

I'm not setup to do arbitrage.

my guess is very few are and thats why virtex prices lags behind all the time.

yeah, I keep saying I should. I see the true value in not being lazy. I just gotta be verified and have a euro account to wire to stamp. And it would be buy on stamp and sell on cavirtex atm.. lol we'd make less 3% and exchange rate differentials at this exact moment 750 stamp and 827cad were working with $77 of profit per buy/sell.  

you can see we're clearly non greedy Canadian's. Harper is going to read this and make Canada debt - free in 2 years lol I kid I kid.

[wobber]

Sorry, no new ATH. Sorry.

[empowering]

or even $7000 +

I would say $7000 is a little ambitious in the next 6 months at least unless there are major events which are going to give Bitcoin positive effects then it would be very difficult to reach that amount in such a small amount of time.

I agree, ambitious for sure...but....

if you take a look at the longterm chart, and see what Bitcoin has done to date.  It has gone from from one all time high to another every 7ish months or so...there is a peak at new ATH, followed by a dip/crash and then 7ish months later it hits a new ATH, which is many times the previous ATH, followed by another dip... of course past behaviour is not the best indicator for future behaviour, but it is an indicator all the same. If the network effect keeps up and the adoption rate keeps growing exponentially as they have done up until this point, then $7000 is in June-ish would make a lot of sense, from a historical point of view, it would not look out of place in any way on the all time chart if the trend from 09 continues forward.  

 If things like todays news do not derail the adoption, and investment/adoption from the fund managers and "wall street" et al then I can see history repeating itself another cycle, every year since 2009 it has surprised people... volatile for sure but still hitting those exponentially higher ATH's almost like clockwork every sevenish months later than the last one...we had our last ATH Dec 13, so guess we will have to wait and see...  I cannot see Bitcoin being at saturation at this point, nowhere near.





 

[MakeBelieve]

or even $7000 +

I would say $7000 is a little ambitious in the next 6 months at least unless there are major events which are going to give Bitcoin positive effects then it would be very difficult to reach that amount in such a small amount of time.

I agree, ambitious for sure...but....

if you take a look at the longterm chart, and see what Bitcoin has done to date.  It has gone from from one all time high to another every 7ish months or so...there is a peak at new ATH, followed by a dip/crash and then 7ish months later it hits a new ATH, which is many times the previous ATH, followed by another dip... of course past behaviour is not the best indicator for future behaviour, but it is an indicator all the same. If the network effect keeps up and the adoption rate keeps growing exponentially as they have done up until this point, then $7000 is in June-ish would make a lot of sense, from a historical point of view, it would not look out of place in any way on the all time chart if the trend from 09 continues forward.  

 If things like todays news do not derail the adoption, and investment/adoption from the fund managers and "wall street" et al then I can see history repeating itself another cycle, every year since 2009 it has surprised people... volatile for sure but still hitting those exponentially higher ATH's almost like clockwork every sevenish months later than the last one...we had our last ATH Dec 13, so guess we will have to wait and see...  I cannot see Bitcoin being at saturation at this point, nowhere near.

That's a observation I haven't seen before about the 7 month prediction I think that's pretty plausible and could be done but I think any media attention is going to bring in people and they are going to research more and see why Bitcoin is so popular Bitcoin wasn't even very well known a few months ago but now there seems to be a whole lot bigger in every single country.

I think in the next 12 months we will see it exceed $2000.




 

[/quote]

[kurious]

Where is that hot Asian girl from Bitcoin Foundation? She would calm things immediately 

You mean this one?

[fonzie]

or even $7000 +

I would say $7000 is a little ambitious in the next 6 months at least unless there are major events which are going to give Bitcoin positive effects then it would be very difficult to reach that amount in such a small amount of time.

I agree, ambitious for sure...but....

if you take a look at the longterm chart, and see what Bitcoin has done to date.  It has gone from from one all time high to another every 7ish months or so...there is a peak at new ATH, followed by a dip/crash and then 7ish months later it hits a new ATH, which is many times the previous ATH, followed by another dip... of course past behaviour is not the best indicator for future behaviour, but it is an indicator all the same. If the network effect keeps up and the adoption rate keeps growing exponentially as they have done up until this point, then $7000 is in June-ish would make a lot of sense, from a historical point of view, it would not look out of place in any way on the all time chart if the trend from 09 continues forward.  

 If things like todays news do not derail the adoption, and investment/adoption from the fund managers and "wall street" et al then I can see history repeating itself another cycle, every year since 2009 it has surprised people... volatile for sure but still hitting those exponentially higher ATH's almost like clockwork every sevenish months later than the last one...we had our last ATH Dec 13, so guess we will have to wait and see...  I cannot see Bitcoin being at saturation at this point, nowhere near.

That's a observation I haven't seen before about the 7 month prediction I think that's pretty plausible and could be done but I think any media attention is going to bring in people and they are going to research more and see why Bitcoin is so popular Bitcoin wasn't even very well known a few months ago but now there seems to be a whole lot bigger in every single country.

I think in the next 12 months we will see it exceed $2000.




 

[/quote]

Its´goin to 80000000$ by the way after we´re back above the normal 1000$ It´s a sure bet. Just buy and hodl u can´t lose in this game. Every price is a good price, id doesn´t matter if you pay 800$ or 200$. Just buy and hodl. Sure thing.

[seleme]

Bears, your lack of alts dumping is disgraceful  

I know wtf...... today sucks in all kinds of ways

Not bad here, I've done pretty well on McxNow. Finally got completely rid of my fees for juicy profit + 5-6 BTC more than my target was and made some on that mCXBux shit.

But I did expect to buy some cheap alts in this drop.

Me too - they are sitting far prettier with all this 'panic' in the air - picked up some LTC and minor alts - but still waiting for lower...

Disappointing, not crashing way more than BTC like even 6 months back... hmmm!

Still, it is a time to pick some up cheap(er), if not yet 'cheap'!

Few days ago, when BTC dropped to 750, I managed to pick some PPC for 58 and XPM for 32, they both stayed 10% above today though BTC felt 20$ more.

[seleme]

Where is that hot Asian girl from Bitcoin Foundation? She would calm things immediately 

You mean this one?

That's what I mean. Bring her up on the air LIVE !!! 

[kurious]

Bears, your lack of alts dumping is disgraceful  

I know wtf...... today sucks in all kinds of ways

Not bad here, I've done pretty well on McxNow. Finally got completely rid of my fees for juicy profit + 5-6 BTC more than my target was and made some on that mCXBux shit.

But I did expect to buy some cheap alts in this drop.

Me too - they are sitting far prettier with all this 'panic' in the air - picked up some LTC and minor alts - but still waiting for lower...

Disappointing, not crashing way more than BTC like even 6 months back... hmmm!

Still, it is a time to pick some up cheap(er), if not yet 'cheap'!

Few days ago, when BTC dropped to 750, I managed to pick some PPC for 58 and XPM for 32, they both stayed 10% above today though BTC felt 20$ more.

Yeah one or two I sold a few hours back, I should have bought as a hedge!  Too many out there to predict - even bloody quark went the wrong way for an hour or two! 

Alts are not as easy with such a splintered market XPM have been grinding down but hardly moved with this dump, i sodl most of mine before Christmas - wanted to buy a few back...  but no real panic there - oh well!

[TERA]

I'm waiting for the bull to say "we're still in stealth phase".

[marcus_of_augustus]

NY prosecutor acts the day before NY financial regulator holds hearings on bitcoin ??

Oh yeah, you can be sure wall st. is active in bitcoin now ... this is exactly how they operate.

You were warned, hope you hold your coins close now ya hear?

[empowering]

or even $7000 +

I would say $7000 is a little ambitious in the next 6 months at least unless there are major events which are going to give Bitcoin positive effects then it would be very difficult to reach that amount in such a small amount of time.

I agree, ambitious for sure...but....

if you take a look at the longterm chart, and see what Bitcoin has done to date.  It has gone from from one all time high to another every 7ish months or so...there is a peak at new ATH, followed by a dip/crash and then 7ish months later it hits a new ATH, which is many times the previous ATH, followed by another dip... of course past behaviour is not the best indicator for future behaviour, but it is an indicator all the same. If the network effect keeps up and the adoption rate keeps growing exponentially as they have done up until this point, then $7000 is in June-ish would make a lot of sense, from a historical point of view, it would not look out of place in any way on the all time chart if the trend from 09 continues forward.  

 If things like todays news do not derail the adoption, and investment/adoption from the fund managers and "wall street" et al then I can see history repeating itself another cycle, every year since 2009 it has surprised people... volatile for sure but still hitting those exponentially higher ATH's almost like clockwork every sevenish months later than the last one...we had our last ATH Dec 13, so guess we will have to wait and see...  I cannot see Bitcoin being at saturation at this point, nowhere near.

That's a observation I haven't seen before about the 7 month prediction I think that's pretty plausible and could be done but I think any media attention is going to bring in people and they are going to research more and see why Bitcoin is so popular Bitcoin wasn't even very well known a few months ago but now there seems to be a whole lot bigger in every single country.

I think in the next 12 months we will see it exceed $2000.

Its´goin to 80000000$ by the way after we´re back above the normal 1000$ It´s a sure bet. Just buy and hodl u can´t lose in this game. Every price is a good price, id doesn´t matter if you pay 800$ or 200$. Just buy and hodl. Sure thing.


[/quote]

Yeah those graphs are not new to me.... however in my opinion Bitcoin is in its infancy and we have not yet even hit the knee of the curve to even begin the climb up the real "wall" - i.e the steep incline of an adoption growth rate s curve, we are just nearing launch in my opinion, so I cannot see how the price can be in a bubble at this point... I do not think we have seen anything yet.

Just my point of view.

[fonzie]

I'm waiting for the bull to say "we're still in stealth phase".

You might not be aware of this, but at least 50% of the bulls in here exactly think this. Everybody at least thinks that we´re goin to 2-3000$ in 4-6 weeks.
Also 100000-1 Mio. in under a year seems to be a no brainer. New paradigm will be reached, according to BillieJeanAllen, when we hit 80000000$

[kurious]

Where is that hot Asian girl from Bitcoin Foundation? She would calm things immediately 

You mean this one?

That's what I mean. Bring her up on the air LIVE !!! 

He he, rather lovely isn't she...

I was going to make a comment about everything rising in her presence, but I think it's a little cheap to do that sort of thing...

[surfer43]

I'm waiting for the bull to say "we're still in stealth phase".

we're still in stealth phase

[wobber]

You might not be aware of this, but at least 50% of the bulls in here exactly think this. Everybody at least thinks that we´re goin to 2-3000$ in 4-6 weeks.
Also 100000-1 Mio. in under a year seems to be a no brainer. New paradigm will be reached, according to BillieJeanAllen, when we hit 80000000$

Is a no-brainer to put bitcoin at 8M USD, when it's clear (using TA-ROT ASSTROLOGY) that will be valued at most at 5,613,059.37 USD

[kurious]

I'm waiting for the bull to say "we're still in stealth phase".

we're still in stealth phase

+1 haven't lost the sense of humour, then, Tera!

If I had a Bitcoin for every time that chart has popped up here.... (sigh)

We can't crash to 500 - think about it - it means rpietila will return!!!

[surfer43]

The V predictors were correct