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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30785. (Read 26718056 times)

legendary
Activity: 2156
Merit: 1070
Meanwhile, while I wait for BTC price to become cheaper, I CANNOT believe I am earning 438% interest on 76k on Bitfinex.

At these rates, I will have to be wiring some additional money there soon. I mean, for 100k I can clear over $1000 in interest. Each day. I will double my money in 3 months, basically risk free. That's insane.  A million would net $300k a month at this rate. Surely these are the highest interests rates in the world.
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
The daily chart on btcchina is building a hell of a base at 3700 ($608). While it could still fall off a cliff it seems a move to the next resistance at 5000 is also likely.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
Close. It was a strange man with a long white beard in a Lambo. All he said was, "Baaaaahhhhk to the future".

perfect
legendary
Activity: 1148
Merit: 1001
so are we all going to agree then that satoshi is in fact santa clause and 400k coins are set to fly around the world in a couple days?

That would be nice.   Grin  Of course if Satashi decided to give out coins from the kindness of his/her heart that would perhaps cause the price to drop a bit.  I can't imagine everyone hodling all those coins.  


legendary
Activity: 1414
Merit: 1000
HODL OR DIE
so are we all going to agree then that satoshi is in fact santa clause and 400k coins are set to fly around the world in a couple days?

No. Satoshi is the NSA and 400k coins aren't going to do anything that any of us here know about.

Paying for their 51% ASIC mega farm.

They've outsourced all the hard work. They don't need to do anything regarding mining.

Did you go to 2015 in the DeLorean??

Close. It was a strange man with a long white beard in a Lambo. All he said was, "Baaaaahhhhk to the future".

Great Scot!
member
Activity: 70
Merit: 11


I think you guys calling a breakout are looking at the wrong line. The current price is nowhere near the original downtrend line (shown in blue). However, the last bounce ended unusually low, creating a new enhanced trendline (in white). The pink area is a resistance. We have broken the white line, but this is of debatable significance, and we have yet to break the blue line.  Also, I would like to see some volume when we do so.

Nice work, Tera.
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
so are we all going to agree then that satoshi is in fact santa clause and 400k coins are set to fly around the world in a couple days?

No. Satoshi is the NSA and 400k coins aren't going to do anything that any of us here know about.

Paying for their 51% ASIC mega farm.

They've outsourced all the hard work. They don't need to do anything regarding mining.

Did you go to 2015 in the DeLorean??
sr. member
Activity: 434
Merit: 250
so are we all going to agree then that satoshi is in fact santa clause and 400k coins are set to fly around the world in a couple days?

No. Satoshi is the NSA and 400k coins aren't going to do anything that any of us here know about.

Paying for their 51% ASIC mega farm.

They've outsourced all the hard work. They don't need to do anything regarding mining.

Cheesy
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
so are we all going to agree then that satoshi is in fact santa clause and 400k coins are set to fly around the world in a couple days?

No. Satoshi is the NSA and 400k coins aren't going to do anything that any of us here know about.

Paying for their 51% ASIC mega farm.
legendary
Activity: 854
Merit: 1000
So, now is a good time to buy? Or wait a little bit for it to go lower?

Flip a coin. Can't be worse than the advice you will get on this forum. Actually I recall a very old thread doing exactly that.

The user who did that was here a few days back: said it worked as well as, although not better than, TA.

Get flipping

Yeah, I figure TA works well enough (half the time?) to keep those who use it convinced that it's working!

much wisdom

wow

very coins

 Wink Cheesy
hero member
Activity: 728
Merit: 500


I think you guys calling a breakout are looking at the wrong line. The current price is nowhere near the original downtrend line (shown in blue). However, the last bounce ended unusually low, creating a new enhanced trendline (in white). The pink area is a resistance. We have broken the white line, but this is of debatable significance, and we have yet to break the blue line.  Also, I would like to see some volume when we do so.
full member
Activity: 126
Merit: 100
I think a little bit of patience will go a long way in this market.

edit:if it's helpful set bitcoinreminders.com or others if you know of them, and just wait for your price window (because perhaps when you get to what was your 'target', you may have the time to stalk a better entry point/ exit point) Smiley
legendary
Activity: 1414
Merit: 1000
HODL OR DIE
Coins stacking up on ask side.
legendary
Activity: 1008
Merit: 1000
Dumb broad
So, now is a good time to buy? Or wait a little bit for it to go lower?

Flip a coin. Can't be worse than the advice you will get on this forum. Actually I recall a very old thread doing exactly that.

The user who did that was here a few days back: said it worked as well as, although not better than, TA.

Get flipping
sr. member
Activity: 252
Merit: 250
legendary
Activity: 1778
Merit: 1008
There's nothing that indicates doing anything.  So far we're somewhat repeating what happened 24 hours ago, but the volume is actually even more tame.  I'm not certain anyone cares to run the price up like last night; perhaps just let it malinger on as per usual this week.

Not a trader here, but this sounds likely  to me. Majority of the world has some sort of end of year family stuff going on, taking them away from their normal routine. This would lead to a decrease in trading and spending patterns. Plenty could be happy to just let it be till the new year.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
Oh well. .. .. still waiting anyway for my fiat and I've got a local contact who wants to sell me some BTC so he's also just waiting.
hero member
Activity: 686
Merit: 500
Whoa, there are a lot of cats in this wall.
My prediction for what it's worth (which is probably negative 2BTC): We're getting very close to breaking the downward trendline.  The problem I see is that Christmas falls right in the middle of the week.  This week may essentially be a dead week with nothing happening.  Next week New Years falls on a Wednesday as well.  I think we probably rise a little bit but tread water just between $700-750 until these holidays are over.  Once business gets going again in January, that's when we may see the big rise. 
sr. member
Activity: 662
Merit: 250
There's nothing that indicates doing anything.  So far we're somewhat repeating what happened 24 hours ago, but the volume is actually even more tame.  I'm not certain anyone cares to run the price up like last night; perhaps just let it malinger on as per usual this week.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
So, now is a good time to buy? Or wait a little bit for it to go lower?
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