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

[roslinpl]

Sorry I don't want to disturb you guys talking about such amazing things ..

but meanwhile I just wanted to say that it looks like price will drop in next few hours a little bit.

According to bitstamp and bitmarket I can see what is coming.. a drop

So perhaps worth considering to wait few hours and see what will happen if you want to buy some now.

Regards.

[bigasic]

My coins are going to be my retirement. So, im more worried about the price 15-20 years down the road. The one thing bitcoin has done and always do is go down and up, rinse repeat.. I have total confidence that we will be well above the 5k mark in 10 years, probably sooner..

[bigasic]

Sorry I don't want to disturb you guys talking about such amazing things ..

but meanwhile I just wanted to say that it looks like price will drop in next few hours a little bit.

According to bitstamp and bitmarket I can see what is coming.. a drop

So perhaps worth considering to wait few hours and see what will happen if you want to buy some now.

Regards.

Can you point to the site that you get this info from and explain your reasoning? Not that I don't believe you, its that Id like to learn.

[empowering]

Sorry I don't want to disturb you guys talking about such amazing things ..

but meanwhile I just wanted to say that it looks like price will drop in next few hours a little bit.

According to bitstamp and bitmarket I can see what is coming.. a drop

So perhaps worth considering to wait few hours and see what will happen if you want to buy some now.

Regards.

Why pray tell?

(oh and no worries.... I think we are all already quite disturbed)

[hdbuck]

okay so i heard a lot of nonsens with that bitlicense things, people seems a bit depressed here with bitcoin slowly slidding down..
but hey i got a great news that hope will cheer you up a bit:

What a strange world we live in where bums and tits and vaginas are frowned upon.... but day by day the situation in Gaza and Damascus and a billion and one other problems/things are ignored, and allowed to continue... (with actual TOTAL indifference from the majority of people)  I am sure that the pic is NSFW and I get that and I am not having a dig at anyone in anyway... but no matter how you dice it societys attitudes towards the naked body is quite absurd... still "taboo" and some how unaccpetable.
and to think that a naked body, can and is considered "filth" by many...  when it is actually the most natural thing in the world and the way we all come into this world..
I get there are many reasons why and how we got there... still does not make it any less strange in the grand scheme of things..
Time and place etc etc peoples rights and work environments etc but still a naked body is still in general life, a thing that is given much power.....
Silly monkeys.

I mostly think the same as for all the tragedies that are happening worldwide. But as i spend my day thinking of how perverted and corrupted the world has gone, i sometimes break down on some good ol fashioned metaphors. But i'd like to take this opportunity to apologize if it had shocked anyone this time. I am just some random dude on the internet enjoying the bitcoin ride

ps: i'll blur the "dirty" parts as it was more the message that captured me at first (didnt paid pretty much attention at the picture): Bitcoin is not optional, it's MANDATORY

[ChartBuddy]

Explanation

[Richy_T]

Argentina may have various confrontational issues with the west  (the USA and the IMF); however, I doubt that the solution would be for it to just give in without considering its own identity and role in the world and input from its populous regarding its identity.

Its populous are being robbed. Hence the debt the country is not able to pay.

[InstantBitcoin]

Explanation

BTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTC

[byronbb]

My coins are going to be my retirement. So, im more worried about the price 15-20 years down the road. The one thing bitcoin has done and always do is go down and up, rinse repeat.. I have total confidence that we will be well above the 5k mark in 10 years, probably sooner..

I would temper your optimism by suggesting bitcoin may not be around in 15 years let alone 5. That said if it is around in 15 years you are most definitely retired.

[ChartBuddy]

Explanation

[JayJuanGee]

WOW.... The Dow Jones industrial average is down almost 2% today....

You can compare that with a 20% drop in bitcoin. Quite big.

Bitcoin and the DJ Industrial average are two different animals -  in part b/c BTC is much more volatile and much more vulnerable to manipulation.  Additionally, BTC has a much much much much greater for potential for an upside... The DJIA seems to be quite a mature set of assets, and overall should NOT be subject to very much volatility... and should generally progress upwards over time.

I would suggest, and a lot of us following BTC should agree, that BTC's exponential price potential is inversely related to the performance of the DJIA (NOT completely, but in part). 

[adamstgBit]

WOW.... The Dow Jones industrial average is down almost 2% today....

You can compare that with a 20% drop in bitcoin. Quite big.

Bitcoin and the DJ Industrial average are two different animals -  in part b/c BTC is much more volatile and much more vulnerable to manipulation.  Additionally, BTC has a much much much much greater for potential for an upside... The DJIA seems to be quite a mature set of assets, and overall should NOT be subject to very much volatility... and should generally progress upwards over time.

I would suggest, and a lot of us following BTC should agree, that BTC's exponential price potential is inversely related to the performance of the DJIA (NOT completely, but in part). 

just wait till the DOW performance is measured in BTC   

[JayJuanGee]

totally NSFW, i guess there is no mods around or they have completely given up on this thread.  

One of the inmates has been left in charge of the asylum.  Who would have thunk?

[JayJuanGee]

totally NSFW, i guess there is no mods around or they have completely given up on this thread.  

LOL!

Dude!

You ARE the mod on this thread!

Best mod I've ever seen by the way

That's what I'm talking about... see my earlier post regarding asylum

[JayJuanGee]

My coins are going to be my retirement. So, im more worried about the price 15-20 years down the road. The one thing bitcoin has done and always do is go down and up, rinse repeat.. I have total confidence that we will be well above the 5k mark in 10 years, probably sooner..

With those kinds of projections, you must have at least a couple hundred coins - or a plan to acquire at least a couple hundred coins.

[empowering]

My coins are going to be my retirement. So, im more worried about the price 15-20 years down the road. The one thing bitcoin has done and always do is go down and up, rinse repeat.. I have total confidence that we will be well above the 5k mark in 10 years, probably sooner..

With those kinds of projections, you must have at least a couple hundred coins - or a plan to acquire at least a couple hundred coins.

You think if BTC goes mainstream... and is still here in 15-20 years, that this chap will need hundreds to retire at that point?   really?  you cannot think they are going to go very high then.  

[JayJuanGee]

Argentina may have various confrontational issues with the west  (the USA and the IMF); however, I doubt that the solution would be for it to just give in without considering its own identity and role in the world and input from its populous regarding its identity.

Its populous are being robbed. Hence the debt the country is not able to pay.

I don't know enough facts in order to understand robbery to be the circumstances in the Argentina situation.  I do know that a lot of governments engage in various tactics to support the robbing of the people.  That does NOT make government a bad thing in my view b/c it is all relative.  Take some of the latest gifts to the banks in the US of A, those are forms of robbery... but NOT all government conduct is robbery...   Accordingly, the level of robbery and who and how the robbery is occurring depends on the circumstances.  Maybe it is worse in Argentina?  I don't know that.  I do NOT assume that a government that has different values from the USA government is contrary to the will of its people, merely from the fact that some western propaganda channels may characterize the situation as such.

[JayJuanGee]

My coins are going to be my retirement. So, im more worried about the price 15-20 years down the road. The one thing bitcoin has done and always do is go down and up, rinse repeat.. I have total confidence that we will be well above the 5k mark in 10 years, probably sooner..

I would temper your optimism by suggesting bitcoin may not be around in 15 years let alone 5. That said if it is around in 15 years you are most definitely retired.

Even if BTC is NOT going to be around in 5 years or 15 years, that fact or potentiality does NOT mean that BTC is NOT amongst the better of current investments for retirement funds - though it may mean that the investor needs to maintain a certain high level of vigilance and diversification of assets and be ready to transfer out and to skim off portions of his/her BTC portfolio during BTC price appreciation periods...

[JayJuanGee]

My coins are going to be my retirement. So, im more worried about the price 15-20 years down the road. The one thing bitcoin has done and always do is go down and up, rinse repeat.. I have total confidence that we will be well above the 5k mark in 10 years, probably sooner..

With those kinds of projections, you must have at least a couple hundred coins - or a plan to acquire at least a couple hundred coins.

You think if BTC goes mainstream... and is still here in 15-20 years, that this chap will need hundreds to retire at that point?   really?  you cannot think they are going to go very high then.  

I was just using his price projection of BTC.  He suggested that in 10 years, BTC will be well above the $5k mark, but he did NOT specify how much.

In that regard, he may need 200 coins at $5k to be valued at $1million.  That would NOT necessarily be a lucrative retirement, but could be manageable.

In essence, I am NOT really sure about what Bigasic was suggesting, so I was trying to get him to elaborate somewhat.

[Wary]

1W MACD is red. Everyone here should know what happens next.

BUY BUY BUY!!!

Does.. does it go purple? Do Satan's spawn come out of the ground and eat everyone who owns a satoshi? I dont understand!

The 1W MACD crossed back and forth right before the last couple of bubbles. Final capitulation.

Which chart are you looking at? At mine (bitcoinwisdom, bitstamp), out of 4 last bubbles it happened only once, before April's one.

goes red late sept  early oct in 2013

It's 3D one. It indeed has 3-4 red bars before rally, in both 2013 rallies. Although they look different from what we have now: now they are growing.