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

[Davyd05]

610 still holding.. pretty interesting

[molecular]

Like watching paint dry.

Hopefully more like watching grass grow.

[ChartBuddy]

Explanation

[freedomno1]

I have this eerie feeling we are on the verge of a breakout.  

I could be wrong. I am a total uber-bull so perhaps a little too optimistic, but I wouldn't be surprised if things get really interesting soon here.  

Been having that feeling for a while now
Just waiting for trendlines in the long term now
Coindesk can sum that up lol...
Slide 10

http://image.slidesharecdn.com/stateofbitcoinq2-140710031106-phpapp01/95/state-of-bitcoin-q2-2014-10-638.jpg
Mumble image tag fails on this link

$80 = $600

[findftp]

They will run out of coins eventually... Soon I think, as the dumps are getting closer together

Yes, but then they just gox some new ones.

[Sandia]

I am not surprised by the age distribution.  Not everyone over 60 is a doddering grouch, yelling at kids to get off the lawn.  Picture a retiring dentist, doctor, engineer, or other career with $150-500K per year income and the financial challenges they face with regard to keeping money, passing it on to heirs, or moving it out of the country.  They aren't rich enough to have big league lawyers and accountants, but rich enough to have a lot of money at risk.

There is a huge industry in wealth management, asset management and tax avoidance.  Google "panama private interest foundation" or "offshore IBC".  Set up an offshore corporation or trust, manipulate rules to get assets offshore, ensure that nothing becomes taxable in your home country.  The problem is that it is easy to follow the money.

Wait: follow the money?  How do you follow btc transfers when they are done by professionals?  BTC has a huge future in the wealth management industry.  Unfortunately, none of the facilitators seem to use it YET.

When you picture that old guy, picture someone who has a clue, has significant money, and needs to protect that money from the government.

Edit: if you think you might eventually have a few million, do the Google search.  Some of the sites are very educational and explain everything in detail.

[sickpig]

They will run out of coins eventually... Soon I think, as the dumps are getting closer together

Yes, but then they just gox some new ones.

ROTFL

[ChartBuddy]

Explanation

[jeezy]

I have this eerie feeling we are on the verge of a breakout.  

I could be wrong. I am a total uber-bull so perhaps a little too optimistic, but I wouldn't be surprised if things get really interesting soon here.  

Been having that feeling for a while now
Just waiting for trendlines in the long term now
Coindesk can sum that up lol...
Slide 10

http://image.slidesharecdn.com/stateofbitcoinq2-140710031106-phpapp01/95/state-of-bitcoin-q2-2014-10-638.jpg
Mumble image tag fails on this link

$80 = $600

Well I hope these guys are right. Feeling kinda bullish lately. Let's go people!

[molecular]

seems this thread is comparatively old:

https://imgur.com/a/WcMIk

[macsga]

seems this thread is comparatively old:

https://imgur.com/a/WcMIk

... or the participants lied (like I did for the Lulz)

[mmitech]

seems this thread is comparatively old:

https://imgur.com/a/WcMIk

... or the participants lied (like I did for the Lulz)

so you are one of the under 18   

[macsga]

seems this thread is comparatively old:

https://imgur.com/a/WcMIk

... or the participants lied (like I did for the Lulz)

so you are one of the under 18   

Nah, I'm only 12...
https://bitcointalk.org/index.php?topic=178336.msg7877214#msg7877214

[solex]

I stated several times, and repeat again: I do not see how one could make any fundamented prediction about the price of bitcoin, even in the short term.  I would not hazard making any.  It may go to 6'000$ next week, or it may go down to 6$.

All one can say is that,  if this or that event were to happen, then the price could go signifcantly up or down.  But none of the events that we can think of is sufficiently certain to happen, and other events may happen that would have the opposite effect.

My bear-masked estimates are

LET'S GIVE PROBABILITIES TO THE FOLLOWING EVENTS
a) In 2014, price will visit below 100 = 40%
b) In 2014, price will visit below 200 = 60%
c) In 2014, price will visit below 300 = 70%
d) In 2014, price will visit below 400 = 80%
e) In 2014, price will visit above 500 = 30%
f) In 2014, price will visit above 750 = 5%
g) In 2014, price will visit above 1000 = 1%
h) In 2014, price will visit above 1250 = 0% (for practical purposes)
/LET'S GIVE PROBABILITIES TO THE FOLLOWING EVENTS

Is there more than one Jorge??

[okthen]

I have this eerie feeling we are on the verge of a breakout. 

I could be wrong. I am a total uber-bull so perhaps a little too optimistic, but I wouldn't be surprised if things get really interesting soon here. 

Same feeling here.

But I have said this many times now

THIS TIME ITS DIFFERENT.
$635 within 24 hours?

Nothing really changed, so I really doubt a breakout will come just yet.
I, too, have had the imminent breakout feeling too many times this year, so I don't believe it anymore

[ChartBuddy]

Explanation

[ShroomsKit]

Every day we're getting closer to 600. As i said before i think a big crash is more likely than a big pump. Sadly enough.

[macsga]

Set your dates. Go swimming if you get bored in the meanwhile.

[mmitech]

Set your dates. Go swimming if you get bored in the meanwhile.

your lines and most of the lines people draw here doesnt mean anything  

[ShroomsKit]

And more people dumping. Almost looks like nobody gives a crap about some lines on a chart.