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

[mmitech]

I wont forget, it is in my signature I just hope you will also honor your word 

[Davyd05]

I wont forget, it is in my signature I just hope you will also honor your word  

I got a screenshot too..I hope you just have bought an extra 20 btc worth of ltc with the price worked out for what 100 LTC = to btc in the future


Sidenote unrelated to above : I was looking at volume it looks like it's heading back to similar number as we saw at the start of the run up...however based on how many coins some people got in the bear market were going to minting millionaires in 3 months again.. so it seems.

[edwardspitz]

I dunno what to think. The current formation looks like a top with a bear flag (and we are currently in the flag) But it also feels bullish    Do you think we might fall out of the bear flag for a leg down and then maybe continue the up trend?

It also feels mostly bullish to me. I think we will either go up tomorrow from $570 or retrace to $550. Support for $570 does not seem overwhelming. On the bullish side I have seen many traders buying coins from those intimidating bot walls... The bots I have observed have also been "competing" with each other and traders to buy dumped coins. I don't know how clever the bots (or their operators are) are, but they definitely want to scoop up as many coins as possible for the lowest price possible. And that price has not been much lower than the current price Today has been a bit "messy" in my opinion. Like someone panicking because they realized that that the train has left the station. So I would say that there is risk of a leg down, but I also feel that the up trend will continue.

Also watching this closely:


The positive news today is that we have avoided breaking down to the lower channel of the current trend. If we do I think we will go back and to $550. So I am watching this closely.

...and it broke on first on Stamp as far as I can tell. And then it unbroke 

[blatchcorn]

The new week starts in 30 mins time for me.  I am calling $1000 by June.  eBay will announce paypal and bitcoin integration.

Mark my words.

[hmmmstrange]

http://willyreport.wordpress.com/

So basically, each time, (1) an account was created, (2) the account spent some very exact amount of USD to market-buy coins ($2,500,000 was most common), (3) a new account was created very shortly after. Repeat. In total, a staggering ~$112 million was spent to buy close to 270,000 BTC – the bulk of which was bought in November. So if you were wondering how Bitcoin suddenly appreciated in value by a factor of 10 within the span of one month, well, this is why. Not Chinese investors, not the Silkroad bust – these events may have contributed, but they certainly were not the main reason. But more on that later.

lol

Amazing...  

Hey Jorge,

How would you compare the value of the willyreport to your report on figuring out when the Chinese sleep? Willyreport was created in the free market for free and in my opinion has huge value, and your Chinese sleeping report was created in the public sector paid by stolen funds from the public and has zero value.

[yrtrnc]

We will test 1300 and above soon.

[BitChick]

The new week starts in 30 mins time for me.  I am calling $1000 by June.  eBay will announce paypal and bitcoin integration.

Mark my words.

I so hope you are right.

I was thinking $800 early June, $1000 mid June and then a new ATH by July.  We will see but I am hopeful.

[ChartBuddy]

Explanation

[David M]

We will test 1300 and above soon.

I cannot see it happening. 

If we finish the year anywhere near 1000, it will be an epic fight back and crush all the bears along the way.

IMO, we are going to trade the envelope for 2 months with occasional "moon shot" and "double digits here we come" noise.

http://bitcoincharts.com/charts/bitstampUSD#rg360zigWeeklyztgCzbgEza1gWMAzm1g13za2gWMAzm2g52

[beetcoin]

We will test 1300 and above soon.

I cannot see it happening.  

If we finish the year anywhere near 1000, it will be an epic fight back and crush all the bears along the way.

IMO, we are going to trade the envelope for 2 months with occasional "moon shot" and "double digits here we come" noise.

http://bitcoincharts.com/charts/bitstampUSD#rg360zigWeeklyztgCzbgEza1gWMAzm1g13za2gWMAzm2g52

maybe that's the case, but anything could happen.. especially if some big companies like ebay/paypal/newegg jump into the game. new ETFs and big time players jumping into the game could really catapult everything.

[windjc]

We will test 1300 and above soon.

Good grief.

You realize it actually takes money to do this, right? The price doesn't just magically go up like a helium balloon.

So where is the tens of millions of dollars of fiat that is going to take it there? Are you making this type of investment?

[roslinpl]

Well that was very exciting weekend for Bitcoin market.

From many weeks we haven't seen anything like that during the weekend and it makes me feel pretty sure about next week +$100 till Friday and mark my words

[David M]

maybe that's the case, but anything could happen..

Absolutely.  Bitcoin really does not give a shit about "charts".

Long live the Honey Badger!

[alani123]

The new week starts in 30 mins time for me.  I am calling $1000 by June.  eBay will announce paypal and bitcoin integration.

Mark my words.

Willy called. He said he was the only one able to create confidence around here.

[BitChick]

We will test 1300 and above soon.

Good grief.

You realize it actually takes money to do this, right? The price doesn't just magically go up like a helium balloon.

So where is the tens of millions of dollars of fiat that is going to take it there? Are you making this type of investment?

Well fact is that we can go up really quick if the market makes a move. It wouldn't take much, because we already were there once  

But I need to say, I expect 50-70$ correction if we hit 600$ tomorow. We're moving way to fast and this is not healthy.

Healthy?  The fast rise in April and November wasn't very "healthy" either. 

[mmitech]

Please see edit above. I opted out of the bet. Again, I apologize to Mmitech.

lets do it this way, a word bet, If the price wont touch touch $100 I will quit posting on this forum

You wanna do the bet with a "e-handshake?"  If so, I will gladly say YES.  

Of course, its up to us to hold each other accountable. But I will gladly pay you 20 BTC the day LTC reaches $100 in 2014.

And I can just hope you are as true to your word.

OK, I Mourad Ilyes Mlik will honor my word if LTC price wont reach $100 this year, I will pay 20 BTC to windjc later provided address, let other members be witnesses. in fact this will go to my signature.

BTW windjc a thought came into my mind, do you have the 20 BTC ? I would like you to put 20 BTC in one of your addresses that I can check and not spend it, so in case you would have to honor our bet I know that you have them, and I would do the same (it is just in eliminating escrow in this case)... it came to my mind that you might get lucky without taking any risks. 

[ChartBuddy]

Explanation

[windjc]

Please see edit above. I opted out of the bet. Again, I apologize to Mmitech.

lets do it this way, a word bet, If the price wont touch touch $100 I will quit posting on this forum

You wanna do the bet with a "e-handshake?"  If so, I will gladly say YES.  

Of course, its up to us to hold each other accountable. But I will gladly pay you 20 BTC the day LTC reaches $100 in 2014.

And I can just hope you are as true to your word.

OK, I Mourad Ilyes Mlik will honor my word if LTC price wont reach $100 this year, I will pay 20 BTC to windjc later provided address, let other members be witnesses. in fact this will go to my signature.

BTW windjc a thought came into my mind, do you have the 20 BTC ? I would like you to put 20 BTC in one of your addresses that I can check and not spend it, so in case you would have to honor our bet I know that you have them, and I would do the same (it is just in eliminating escrow in this case)... it came to my mind that you might get lucky without taking any risks. 

PM sent.

[mmitech]

Please see edit above. I opted out of the bet. Again, I apologize to Mmitech.

lets do it this way, a word bet, If the price wont touch touch $100 I will quit posting on this forum

You wanna do the bet with a "e-handshake?"  If so, I will gladly say YES.  

Of course, its up to us to hold each other accountable. But I will gladly pay you 20 BTC the day LTC reaches $100 in 2014.

And I can just hope you are as true to your word.

OK, I Mourad Ilyes Mlik will honor my word if LTC price wont reach $100 this year, I will pay 20 BTC to windjc later provided address, let other members be witnesses. in fact this will go to my signature.

BTW windjc a thought came into my mind, do you have the 20 BTC ? I would like you to put 20 BTC in one of your addresses that I can check and not spend it, so in case you would have to honor our bet I know that you have them, and I would do the same (it is just in eliminating escrow in this case)... it came to my mind that you might get lucky without taking any risks.  

PM sent.

received and replied.

[bucktotal]

https://bitcoinity.org/markets/cavirtex/CAD

cavirtex at $600

~70 btc in bids to 520 : ~1400 btc in sells to 670

o.0