WALL Observer : BTC/USD price tracking and discussion (Phoenix Revision).

[STT]

Stamp has a negative trend roughly showing lower highs for June.   Its right at that ceiling now, a break above that should show further rises I think as we are less capped.

I dont think segwit is a sell the news type dynamic if it is actually enabling greater transactions, this is a positive event and volume of trade is rising.   Doesnt then match a top in sentiment, we have already had many doubts expressed in the price and selling repeats at these prices.    Overall that selling is a positive to confirm and build up volume above 2000 which overall is new ground.   I still dont think we are negative, very hesitant compared to the previous positive trend though.

Also Stamp is fairly clear in a longer pattern of higher lows, they are spread out further though and each represents higher volume at those times also.  i would guess thats the stronger trend, watch 2440 for that reaction

[1713563776]

1713563776

[1713563776]

1713563776

[1713563776]

1713563776

[JimboToronto]

Good morning Bitcoinland.

Still futzing along sideways... currently $2483USD (Bitcoinaverage).

It seems that new wall observer threads are popping up like mushrooms. Until another one gives me a compelling reason to move, I'll stick with this one, the first and most reasonably structured.

We can have the old one back if anyone trusted (like you) would put themself forward as a mod  

Theymos is asking for nominees.  So far seems there's been only one expression of interest.  

Unfortunately I have neither the time nor the inclination to be a moderator.

While I'd love to help, I'm not cut out to be a cop.

I'm also usually much too busy. This is why I often only post at morning coffee time or when I'm extremely hung over and staying home to recuperate.

[Torque]

Jimbo needs to be careful that he doesn't die of liver failure before he becomes rich from his bitcoin investments, lol.


Edit: Moment of truth, we need to solidly break $2520 on Stamp...

[eiskalt]

2017-07-02 : Rule N°3 warning.

test -- test:

is this the WO- or the NWO-thread now?



BTW: Hash Rate is picking up speed.

 

[Dabs]

If there can be more than one moderator for this particular thread, that would be awesome, and many of the regulars can be mods, not just one person. On self-moderated threads, the only power of the mod is to delete posts. A "real" mod can edit posts.

[Meuh6879]

It's not fair to edit.
Delete is just, you don't follow the rules.






















And stop QUOTING a previous and immediate message.
This thread don't evolve as fast as old one.
And it's a pain to read 1 line of response over 10 lines of quoted previous and immediate message.




2017-07-03 : Rule N°2 online/in action.

[Meuh6879]

I feel the trap on mid-july ... 

[Torque]

Popping above $2520 on Stamp was a good sign. Next target should be ~$2550 area. If we can break upward through that with force, we should be in the clear to maintain uptrend for a while longer....

[ShroomsKit_Disgrace]

Is it too early to say that we have just broken the infamous triangle up up up!? 

[Meuh6879]

And now, it's a monday ...  



hint : https://www.cryptocoinsnews.com/south-korea-preparing-legalize-bitcoin/ + Japan + Australia News.

[Meuh6879]

Push, push, push !

[Paashaas]

Pre-Segwit pump inc ?

[Meuh6879]

too early for me (wait the mid-july for that). 

[leowonderful]

Pre-Segwit pump inc ?

That is possible. Good to have a high price pre-segwit anyways as it'll be unsafe to spend around 1st August and price may dip a little then, although I see the price going up still before that happens. I'm just hoping we can climb back to 2800 again before setting sights to 3000 or 4000.

[Meuh6879]

3200 USD before SegWit is a good goal for me.
and then, 2 weeks of HELL descente in august.











and then, 2x time more on september (yes, 6400 USD).

[Torque]

Looking good so far. It doesn't appear that alt selling was used for the pump, so that's a good sign. Short squeeze maybe?

And hashrate on the rise again, yay.

But we need more buying volume!  MOAR!! Buy all the bitcoin!!

[Denker]

Nice little pump we have here.Probably a bit too quick and too early.
Let's see if we make another small down swing before breaking out of the actual triangle.

[JimboToronto]

Good morning Bitcoinland.

I see that while we're still going basically sideways, it edged upward to a new high for the week before dipping a little... currently $2563USD (Bitcoinaverage).

Hopefully we'll continue creeping upward.

Jimbo needs to be careful that he doesn't die of liver failure before he becomes rich from his bitcoin investments, lol.

Lawl. Don't worry about my liver. My hepatologist is the head of the Liver Foundation of Canada and he completely cured me of my hepatitis-c last autumn. During the treatment I continued to drink excessively. It didn't cost me anything.

Thank gawd I live in a country with a robust "socialized" healthcare system.

[Meuh6879]

Goldman see 4000 USD : http://www.zerohedge.com/news/2017-07-03/goldman-sees-bitcoin-soaring-high-3915

Recall, that as we first reported three weeks ago, Jafari said that "due to popular demand, it’s worth taking a quick look at Bitcoin here" and warned that "the market has come close (enough?) to reaching its extended (2.618) target for a 3rd of V-waves from the inception low at 3,134."

She concluded that she was "wary of a near-term top ahead of 3,134" and urged clients to "consider re-establishing bullish exposure between 2,330 and no lower than 1,915."

She was right.

... ... ... and it's only the first week of july ... ... ...

[Karartma1]

The Goldman Sachsers know it well.
I see $7500 by December 31st (looking at your pick I might be even too conservative).