Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15987. (Read 26586259 times)

ATH @ Kraken!

6400 €

its the new normality . I see it as an upward correction

you're lucky you're out, cos it's true they're gonna go phft. they're backed by promises to pay rather than money. not a bitcoin business at all

I'm very happy but calm down bitcoin!!! Scared of the correction here!!! Let's stay between 7000-7500 for a day or so.

5 consecutive days with an ATH.

 

hahahahaha...

Seems like both of us had been exaggerating a bit and perhaps joking to the degree that at some point we need to say something that is more grounded in reality...   

So, yeah, I agree with you that it is quite likely that waves cannot really be understood too well, except when looking back historically, and likely such assertion is even more true with something like bitcoin that seems to be exploring uncharted territory, immature, and possibly in a kind of s-curve adoption phase.




Well, you have a few main ideas going on here or at least various branches of your assertion(s).

I agree with the general suggestion that the upcoming forkening (if it happens) is causing some of our current price dynamics - and we likely need to attempt to specify exactly the forces to be able to recognize that the overall dynamics is causing ongoing and upwards BTC price pressures.

In that context, we still have about 11 more days before the proposed forkening, which is kind of a lot of time in bitcoinlandia, which could cause some thoughts that this particular price rise from $5900 to $7500 has come to us a bit "early".. and in that regard, it seems difficult that we would only have UPPITY for the next 11 days because that would likely be too much. and surely cause a kind of bubble (if not merely temporary)..

Even though I could be wrong, I also think that you are a bit premature to just throw $9k in there as our next resistance level.  Sure, earlier, I had indicated that I though that $6800 to $7800 was our next resistance range - yet we seem to be kind of floating right through it, even though we have not surpassed $7800, yet.  But I suspect that if we do get passed $7800 in the coming days - or even week, the next resistance range of $9600 to $13600 is going to be more than fair game, even before this proposed forkening.

Of course, if we go passed $13600 for this particular upwards price movement, then we are likely a bit fucked in terms of the level of any likely correction.. and gosh, I am not even really sure whether it would be fair to discuss what the resistance level might be after $13600, but would likely be in the $17k to $20k territory-ish.


So what happens after or during any actual forkening, if it occurs, would likely depend upon how we much upwards we had in getting to the forkening and also whether this segwit2x is actually a dud in fact and how long it takes to determine that it is a dud, if that ends up being the outcome (which I agree seems to be amongst the most likely of the scenarios).


I kind of agree with the scenario that there is going to be a decent amount of further UPPITY, in the event that the forkening is resolved quickly in showing the absurdity of the s2x proposition.



What the fuck is this?  A complete conspiracy?  Do you have any evidence at all that this is likely beyond pure speculation that Bitfinex is getting BIG again?

By the way, Bitfinex has to have a bit of confidence in their solvency and even their attempt to run a legitimate business since they had the balls to kick out all of the USA customers, including yours truely.  Maybe you are going to assert that I am naive, but if Bitfinex truely wanted to exit scam us, wouldn't they have already done it?  They weren't ready to exit scam us, so now they are building up business in order to exit scam us on their own convenient time line? 

Come on!!!

[insert jim carey "come on meme" here, with the water spitting part]

I know. I started following this religiously too after seeing your posts a few months back. Unless there is a big inflow of btc the price has no choice but to explode. I expect its the same story in the other big exchanges

It's going to hurt so much when retrace comes...
I can't even enjoy ATH  

NEW ATH !!!!

Surprises me every other day.

Getting close to the ATH.  

edit: done

gosh some of these cars are quite nippy https://en.wikipedia.org/wiki/List_of_N%C3%BCrburgring_Nordschleife_lap_times
note to my dismay the Astons only seem capable of lumbering round in 8 minutes or so
still want one. a few. all of them

This is a civil war, an inside attack to the Bitcoin system using the power and interests of miners:
https://theflippening.github.io/open-letter-to-bitcoin-miners-from-another-min

Banks, Visa&Mastercard&PayPal are all happy.

Ok, that seems to be a reasonable default. I like the style, could never fit in the thing.

However since classic cars are variable, maybe a new Hurican could be a better solid benchmark. And then we can all show up at a dealership at the same time and buy every one in the state.

Because we CAN!

Still, I'm more of a Porsche man myself, but if I ever get to the point of having a driver I'd probably go for a Maybach. Had a friend who was homeless for awhile and had to live in his Maybach, still nicer than my house....

Bags full of hardware wallets.

I sold them all (at a good price, got myself some more BTC out of them). Now everything's in cold storage, I can't be bothered to buy or sell. Will just HoDL it out.

BTW, looks like there's a mid-weekend Choo-Choo forming slowly...

I am very afraid to ask what precisely is the Proof-of-Work of that alt ? !

Countach

but I'm more of a D type Jag guy myself

and even that would have to wait until I found an ex-works group B Quattro

Grumpy old bitcoin man has full bags!