Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16307. (Read 26611036 times)

First $10k

fake news or not, here comes it's pump effect.

50k??? Well that would do. I was hoping for 32k like Adam promised but 50k is acceptable also.

Can I live on bitcoin for a week?

I thought I'd lost my wallet on a family day out today and I've cancelled all my cards and business cards etc. And now just as I put the phone down I have had a call saying my wife's friend accidentally took it home with her in her baby change bag.

Fuck sake.

I just want to remember you all how when steam was finally accepted, a lot of people didn't believe it due the pat few times that these news hit the media, it got confirmed as fake, but eventually it was real. Boy called wolf type of developments.

It could very much be real, which is why it's reasonable to buy some now. If it's real, sky is the limit. The hype will be insane. I would be surprised to see it happen before lightning network tho, but the network is so cheap right now that with segwit we could deal with the increase of transactions. When Roger and Jihad aren't spamming, BTC is so fast and cheap.

No, all is going nicely. But here's some news:

Doug Casey on Why Bitcoin Could Hit $50,000 -Published on September 22 2017
https://www.caseyresearch.com/doug-casey-on-why-bitcoin-could-hit-50000/

Yea, me too but I'd prefer it to not get dumped while I'm asleep and can't join in on the train 

hmm, doesn't look confirmed to me. Keeping my skeptic hat on for this one

If true.
I want it to be true! 

We need some news to spike it. Is the LN ready?

If not, invent some nerdish terms that nobody understand to explain something that is already in another project. This will spike the price, the sheep will not tell the difference.

Absolutely bullish

https://squawker.org/technology/breaking-amazon-will-accept-bitcoin-by-october/

 That's not a nightmare; cheap coins would be awesome.  I want to get my 21 coins!

Had a nightmare that I woke up and the price was ~2,2k so it was quite surprising to see this upswing.

Bull trap

What the fuck are you talking about?  

It should be clear from the total context that we are in a bitcoin bull market, like I said from about $250 to present - and this bull market has been going on for about 2 years.. and such trend seems to continue, and sure it is possible that the trend could change at some point, but you don't fucking know.  It is way too early to determine that we are no longer in a bull market.  

Maybe a few months down the road you could tell me that we are no longer in a bull market because the price went below $1k or something like that. , or maybe if we get a bigger or longer correction, then you could tell me such, but currently, it is way too fucking early to make such an assertion of either a trend change or anything like that, so we are still in a bull market, until such logic and facts are present to determine otherwise, no?  

Furthermore, we have a price battle going on for about 20 weeks (and maybe even a bit more tense in the past few weeks), which means that there is pressure from both sides to push BTC prices in the direction that they want... sure it could go down, or sure it could go up and some of those downs or ups could be temporary resolutions, but we don't know, yet which way this price battle will resolve nor do we know whether the bull market is going to be converted into a bear market (at some point it will happen, but when is the question?  we may well have one more leg up before we go to a bear market and we may even have a couple more legs up before this baby bitcoin becomes overheated).

Currently, we have a correction from our ATH of $4980 that is going into its third week of up and down playing, but three weeks of correction and playing and even a longer period of consolidation or even deeper correction is not even fucking close from converting a bull market into a bear market.. and even that kind of additional correction is not needed in order for the price to return up.  In other words, we already had sufficient correction and further correction is not necessary, but that does not mean that we might not have a double bottom at $3k or a further test of such bottom, including going lower... it is possible, but no necessary nor certain.

This is not exuberance, it is fact... maybe you need to zoom out a bit when you are trying to assess our current situation, no?

There are no certainties when it comes to BTC price direction, especially when we are in the midst of a battle and in the midst of a bull market, and likely you have no fucking clue besides some conclusory assertion based on your supposed baseless expertise.

Let's be prepared for how the press, whether populist, liberal or conservative, colludes with the secret services to terrorize the public.
https://www.thesun.co.uk/news/4527276/cyber-attack-worse-than-one-that-crippled-the-nhs-is-imminent-gchq-spy-chief-warns/
https://www.theguardian.com/technology/2017/sep/22/major-cyber-attack-happen-soon-warns-uks-online-security-boss
http://www.dailymail.co.uk/sciencetech/article-4910610/Cybersecurity-expert-warns-massive-imminent-hack-attack.html sorry for british
For when our turn comes.

edit to add: for the intelligentsia (lol) there's a different approach to fear mongering https://www.chathamhouse.org/expert/comment/tighter-controls-explosive-materials-vital-factor-response-terrorism
ban mothballs

I can always tell which way those with "a lot of trading experience" believe the price of bitcoin will go.

They have all of that experience, they are so great with the market that they failed to see the potential value of Bitcoin and how it would jump to thousands of dollars each.

Even now they don't get it and all of their "experience" still tells them it is worthless, so obviously the price will go to zero. So they can get back to their stocks and bonds.

The Bitcoin world is as fast as its price movements. I agree that this thread is one of the best to get a sense of what is going on out there. Who post in this thread usually adds a lot of value to every bitcoiner who wants to touch base with the news.
Especially during the summer, when I did not have much access to the internet this thread was the only one to keep me posted about all that happened.
I'm actually grateful to all of you guys that contribute here  

If you told me a year ago China would be 5th in trading volume and we'd be at 3700 I'd have punched you in the face on general principle. But here we are.