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

[cbutters]

Guys this is not a joke anymore. We need only 1k market buy and panic buyers will do theirs job and viva $600+. 

on which exchange is it only 1k to 600?

[podyx]

Guys this is not a joke anymore. We need only 1k market buy and panic buyers will do theirs job and viva $600+. 

on which exchange is it only 1k to 600?

He said a 1k buy and then panic buyers will do their job to get us above 600

[chessnut]

LEVERAGED @555$ to the MAX includin Bitcoin bought with fresh FIAT



4 more weeks of holiday?

LOL im in on leverage from 562  good days

and bull trap sentiment is so comforting.

[fonzie]

LEVERAGED @555$ to the MAX includin Bitcoin bought with fresh FIAT



4 more weeks of holiday?

LOL im in on leverage from 562  good days

and bull trap sentiment is so comforting.

 

WOOOHOOOO

No daytrading until 700$, No Stop loss, all systems go 

[chessnut]

volume is still small on Huobi, the best of the move is yet to come!

[podyx]

LEVERAGED @555$ to the MAX includin Bitcoin bought with fresh FIAT



4 more weeks of holiday?

[fonzie]

There is so much potential left in Dorian meme´s.
He´s such an awesome lookin guy. When i´m back from my journey i will work day&night to create the best meme´s (bullish or bearish )

[fonzie]

Huobi: What is ay "sellin"?

GO FUCKIN ALL IN

If we touch 600$ it will get wild!

I´m goin to sleep now, see you soon!  

[Peter R]

Here is an improved graph of the bitcoin price history versus the Metcalfe value.  I am now using the price history from bitcoinaverage.com (giving me post-Gox prices as well), and I am using both the number of transactions per day (excluding popular addresses) and the number of unique bitcoin addresses used per day as the N in Metcalfe's Law : V ~ N^{2 .}

I would like to do a proper regression to get a numerical model, but the blockchain.info charts currently have holes in the data (the large spikes visible on the curves) that render such a processes useless.  For the time being then, I've just eyeballed the fits as you see below.  

The current price of bitcoin is slightly higher than its Metcalfe value.  However, should the network continue to grow at its historical rate of 3.2X per year, the Metcalfe value should exceed the current bitcoin price later this spring.  

[macsga]

CCMF!!!!!!!1

[billyjoeallen]

I'm usually fairly pessimistic but now there's a lot more support on the buy side than sell. Really don't think we'll break 540 anytime soon

Mark my words. We'll be back above $580 before the weekend is over. There will be a minimum $40/BTC bounce off the lows. Bargain hunters may not even get a full Saturday. I'm buying now and keeping just a little fiat handy in case it goes lower first. I've seen this happen too many times.

I didn't get the timing perfect, but I'm calling this a win. Sure as hell made me money!

[FullLife]

I'm usually fairly pessimistic but now there's a lot more support on the buy side than sell. Really don't think we'll break 540 anytime soon

Mark my words. We'll be back above $580 before the weekend is over. There will be a minimum $40/BTC bounce off the lows. Bargain hunters may not even get a full Saturday. I'm buying now and keeping just a little fiat handy in case it goes lower first. I've seen this happen too many times.

I didn't get the timing perfect, but I'm calling this a win. Sure as hell made me money!

Even a broken clock is right twice a day .

[kurious]

CCMF!!!!!!!1

Hi Macsga - nice to see some large red letters from you again.

Let's hope to see a train or two before too long, eh...?

[spooderman]

choo chooo

[kurious]

I'm usually fairly pessimistic but now there's a lot more support on the buy side than sell. Really don't think we'll break 540 anytime soon

Mark my words. We'll be back above $580 before the weekend is over. There will be a minimum $40/BTC bounce off the lows. Bargain hunters may not even get a full Saturday. I'm buying now and keeping just a little fiat handy in case it goes lower first. I've seen this happen too many times.

I didn't get the timing perfect, but I'm calling this a win. Sure as hell made me money!

Even a broken clock is right twice a day .

To be fair - we have called him to account when he's been wrong - I am inclined to say 24hours out is not bad, with all the doom and gloom around of late.

[ChartBuddy]

Explanation

[billyjoeallen]

I'm usually fairly pessimistic but now there's a lot more support on the buy side than sell. Really don't think we'll break 540 anytime soon

Mark my words. We'll be back above $580 before the weekend is over. There will be a minimum $40/BTC bounce off the lows. Bargain hunters may not even get a full Saturday. I'm buying now and keeping just a little fiat handy in case it goes lower first. I've seen this happen too many times.

I didn't get the timing perfect, but I'm calling this a win. Sure as hell made me money!

Even a broken clock is right twice a day .

That's with a binary outcome (right or wrong). I called a $40 bounce minimum and it bounced $45. I got the direction and the amount. Nobody has beaten my record.

[kurious]

I'm usually fairly pessimistic but now there's a lot more support on the buy side than sell. Really don't think we'll break 540 anytime soon

Mark my words. We'll be back above $580 before the weekend is over. There will be a minimum $40/BTC bounce off the lows. Bargain hunters may not even get a full Saturday. I'm buying now and keeping just a little fiat handy in case it goes lower first. I've seen this happen too many times.

I didn't get the timing perfect, but I'm calling this a win. Sure as hell made me money!

Even a broken clock is right twice a day .

That's with a binary outcome (right or wrong). I called a $40 bounce minimum and it bounced $45. I got the direction and the amount. Nobody has beaten my record.

... Even if he was way down the line when they were dishing out 'humility'

[derpinheimer]

choo chooo

Is there something to that? I recognized it as GTA 3 right away but im not sure what that car means

[TERA]

GTA2:  killlllll frenzy!