Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17119. (Read 26586258 times)

10K confirmed ===> bitcoin is the new wolf of wall street pink sheets on steroids + cryptolocker shit ((((moon soon))))

People talk as if this "healthy correction" is over, but that is yet to be seen. It is a possiblity that this thing rebounds and new ATHs are reached, but it is a bigger possibility that we see a larger ongoing downward correction. Only the zaniest of fools would be calling for new ATHs in a matter of a few days at the present time. Come on man, take off your Bitcoin shaded sunglasses for a moment.

Have you people forgotten that Bitcoin has been on a year and a half+ bull run which has seen value appreciation upwards of 1582% (at yesterday's all time high)? So, now that we've dropped down to 1334% value appreciation in 1.5 years, now obviously the correction is over? Puhleeze... give me a break.  

The correction could and should continue downwards quite a bit more, and ATHs will not be reached again in a matter of days... more likely a matter of months... and probably even more likely a year+. (those timeframes are guesstimated from Bitcoin's market history... where it reached previous ATHs then corrected itself)

2800 would appear to be the same problem as when we spun around a few times at 1800 and it became obvious it was going to exceed 2000 because round numbers are silly superstition.    If it rebuilds price here and buyers keep being apparent as they are now then we can start to see similar for 3000, it will be exceeded.

I think the driving force for bitcoin appreciation is new wealth not old and people wanting not to use their national currency but be a greater part of the global economy, lucky for us bitcoin helps their money travel well.  i.e. I dont think it matters if you find it expensive, maybe 'its not for you' to hold and do nothing with it  if it has a baseline of demand to be used ,that'll produce higher prices.
   I'm looking at Huobi, every time theres a spike down that quickly retracts upwards, leaving a pin candle thats an uptrend line for me.   We broke the first leading to a fall, the 2nd tier uptrend we saw lead to rises about 12 hours ago and there is a further uptrend still in play

Please stand by for your weekend drop. Monday recovery will be something to behold!
 

http://2.bp.blogspot.com/-h6NEgzTMvyA/TZXWi8Ef7OI/AAAAAAAADuk/Pls4VzseXuY/s1600/angrymobfunrun.jpg

BTCBTCBTCBTCBTC===>$3000 CLOSE!!!     WEEEEEEEEEEEEEEEEEEE...tbc

Why sorry?
That is like betting on that Bitcoin will ever never rise above 2800?
Some magical date and rate to stop Bitcoin?
That is only 14%

Ahah! Why the negative speech (picture especially) my good sir?

Price is at 2400. That's 600 more than a month ago. We can't really call it anything but a win in my opinion!
Unless of course you bought at 2800 then... well I'm a bit sorry for you ^^'

This correction looks quite healthy, price was going into bubble zone but finally the drop appeared, later than what i expected but still in a good place. I had to sell a small % of my btc just to take some profits and hodl my last investment without risks. But i freaking hate to sell. Buying the dips is a LOT easier. As i needed to sell, i was looking to do it in a good place to get a chance to enter again in a lower level. I expected a correction between 2400/2500$, but it gone further to 2800$ and dropped to 2200$, so it was not smart to buy again. Now here i am with my stinky fiat, but at least i have some bucks ready to spend just in case it drops and tries the 2000$ support .

No. I only buy and hoard. (hoadr?)

The only time I ever sold any Bitcoin was to sell $150 worth because I was short on pocket cash and was going to the ballpark.

I did that when Decentral still had their ATM on premises. I hadn't thought that I'd have to wait for 6 confirmations to get my cash. Silly me. I didn't want to miss a pitch so I went to the game and realized I didn't really need to sell after all. I didn't go thirsty. Got my cash after the game.

Now if I ever needed a small amount of cash to tide me over, I'd go to Deloitte. They don't charge any fee to sell but they have a $100 daily limit:



For larger amounts I'd use York Foreign Exchange. They're downtown and only charge 3%. I'm not sure of their limit but a friend sold $2000 worth recently with no problem:

https://i.imgflip.com/1prmly.jpg

 

#FULL RETARD MODE AKTIVATED //^WEEEEEE

Good morning Bitcoinland.

I see we're consolidating quite nicely after yesterday's excessive rise and corresponding deep correction... currently $2418USD (Bitcoinaverage).

Too bad our string of green candles ended at 8 but at we moderated the upsurge to the point where only the zaniest fools will call it a bubble.

It might take a few days to reach another ATH now but that's probably good. Steady growth is best.

Young people today are still fed the BS line to diversify their portfolio, and put as much pre-tax $$ into their company's 401k as possible. Because employer match is "free money", amI right?

Maybe they weren't always this way, but I can pretty much tell you that today's 401ks have become a complete scam. Your money is trapped in it until you retire, or you will suffer huge penalty fees for early withdrawal. You can only invest in what your company blesses into the portfolio. Hidden fees abound. And the fund managers take your money, invest it with mega leverage, take a % of returns off the top + fees, and give you what's left over, which isn't much each year.  A paltry amount of return that you could do better on your own with low cost index funds.

After the first 10 years, you'll be surprised how little you have in your 401k, despite how much you've put in. And if you are married and get a divorce (70% statistically likely nowadays), guess who gets half that money that likely didn't contribute anything to it over a decade? Yep, you guessed it.

Of course, Mutual Fund organizations and managers have to keep the ponzi scam going with 401ks. God forbid that people wise up and stop contributing to them en-masse. Then overnight the whole system would fall apart.

Im pretty sure that anyone under age 30 holding 21 BTC at least, will be pretty wealthy in 10 years and they will still be young. If we manage to get segwit in and lightning network allows for trillions of transactions per second and we reach global adoption, 21 should be enough.

I've always told young people to go all in on bitcoin, and maybe buy some other alt that may explode in the mid term (always with the goal to sell and make more BTC).
They have nothing to lose. Government bonds are stupid, they will crash. Once boomers are forced to sell their bonds, tons of money will go into stocks, gold and bitcoin, and just a small % going on bitcoin can make you rich because it got massive upwards potential.

poloniex is from Delaware ?    hmmm

Someone in the US timezone really wants lower prices

http://1.bp.blogspot.com/-E7XX_vURuvU/TuURJ9Cg3sI/AAAAAAAACdE/ryyzFmK0EEc/s1600/FF1.jpg


 


weeeeee

Yea, I still think all is good but if we go below $2200 then I'll be worried.

This was not a bubble...scam-coins are in a bubble.

Relax man the sun is shining, it's weekend and we hold $2000+

Wrong again mate, YOU engaged, I shot you down in flames.

GG, best of luck next time.