Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17206. (Read 26608405 times)
May 21, 2017, 07:21:23 AM
Maybe that's why the price of bitcoin is going up - so that people can afford the fees!
May 21, 2017, 07:18:02 AM
Fees are getting stupid. Just paid about 5 bucks for a transfer, as suggested by my wallet.
Got another transfer with about a bucks worth of fees that has been stuck for a few days now. It's absurd.
Got another transfer with about a bucks worth of fees that has been stuck for a few days now. It's absurd.
May 21, 2017, 07:09:17 AM
Call me crazy or dumb...but I am starting to have a desire of shorting BTC at these levels...
about $4k would be safer.. .. $2400 might be possible too... but depends on whether we get there in 2 weeks or in 2 days? If we get to $2400 in 2 days, then maybe it would be safe to short at that point? I would not do it, but I am too chicken shit, so far, to short bitcoin.
May 21, 2017, 07:06:45 AM
I love the people who think I'm dirt poor. My grandparents felt sorry for me months ago, now they can't comprehend my crypto talk. I just tell them that, just get a coin and you're good. They have nothing but are millionaires.
Your positions could be very suddenly reversed in the event of hyperinflation. Do they know this? Do they even consider the possibility? May 21, 2017, 06:44:10 AM
Call me crazy or dumb...but I am starting to have a desire of shorting BTC at these levels...
May 21, 2017, 06:43:23 AM
SegWt will push the price to 5k. Bitcoin have been waiting for SegWit for years. You will be left behind for good if you dump now. I will buy your bags. Dont worry about that one.
May 21, 2017, 06:42:24 AM
May 21, 2017, 06:40:44 AM
We all expect a dump coming soon. I´ll expect it around $21xx and probably will go down to $1600 or so ish... Of course I´ll hodl through like I did the last 5 years 
Any predictions?
Any predictions?
And I won't care in very slightest. There's a whole generation of state of the art holders who are fully cushioned and combat hardened.
May 21, 2017, 06:34:21 AM
It is easy to spot the salty bottom sellers.
May 21, 2017, 06:32:00 AM
We all expect a dump coming soon. I´ll expect it around $21xx and probably will go down to $1600 or so ish...
So, let me guess? You've sold part of you bitcoins at $1600 or so ish...
May 21, 2017, 06:22:48 AM
We all expect a dump coming soon. I´ll expect it around $21xx and probably will go down to $1600 or so ish... Of course I´ll hodl through like I did the last 5 years
Any predictions?
Any predictions?
The price will continue its rise to $2300-2400 in my opinion before a correction could take a place...if ever will be a correction before $3000
May 21, 2017, 06:22:01 AM
We all expect a dump coming soon. I´ll expect it around $21xx and probably will go down to $1600 or so ish... Of course I´ll hodl through like I did the last 5 years
Any predictions?
Any predictions?
That does not really say anything.
I have been expecting a dump since about $1200, and it has not happened.
So why does it matter now?
Yeah, sooner or later the dump theory is going to be correct, but we seem to be going up, and there seems to be a lot more flames in this than $2,1xx - $2,1xx seems bearish, given the current upwards pressures.
Let's cross this one level at a time, and getting some kind of meaningful dump at $2,1xx or even $2,2xx seem to be too bearish.. given the current market dynamics.
Yes, I would like to buy some more too, but it just does not seem to be in the short term bitcoin cards.
May 21, 2017, 06:17:12 AM
We all expect a dump coming soon. I´ll expect it around $21xx and probably will go down to $1600 or so ish... Of course I´ll hodl through like I did the last 5 years
Any predictions?
Any predictions?
May 21, 2017, 06:02:27 AM
I shouldn't be complaining with the price rising as quickly as it has, but I've got a bad feeling this bubble is gonna pop.
Not sure what the fundamentals are that got us from $1700->$2000 so quickly.
Not sure what the fundamentals are that got us from $1700->$2000 so quickly.
I wished it would pop so that I can buy.
We have not had any kind of meaningful correction since $890... but it seems that we are going up and we continue have pretty strong buying pressures and also quite a gradual upswing that seems to allow support to remain...
So maybe we will have some resistance in the $2300 to $2500 range, but if we get past that, then the next resistance is likely in the $3k to $5k territory.. so yeah.. seems like a bubble.. but at the same time we continue to have pretty decent buying pressure and support and upwards movement and a meaningful correction does not really seem in the likely cards, at least not at the moment.
In other words, bitcoin may be in "punishment mode" and not going to give shorters, bears, sellers or fence sitters to get their coins back that they sold in the $1k to $1500 range...
sorry for your loss.
According to Finabocci, next resistance line is likely around 2100 USD. It should be tested from both under and above several times (like the 1750 before). I agree we have entered bubble (and like many others I got punished for being sceptical for too long), but bubbles dont last two weeks. We are in for longer ride.
I am still sceptical that we will reach anywhere close to 10k this time around before reaching local top and substantial (months long) correction. 4-5k seems realistic in the medium term.
I am shooting from the hip a bit when I suggest that the next resistance is in the $2300 to $2500 territory, and I really do not believe that these kind of immature paradigm changing markets, such as bitcoin, and even s-curve adoption type scenarios and networking effects play very well with traditional technical analysis.. the adoption curve is going to cause a considerable amount of overshooting of any kind of linear growth - called exponential growth, no?
May 21, 2017, 05:51:10 AM
I agree we have entered bubble
The biggest bubble right now is the US dollar and US treasuries. This bubble dwarfs any other asset bubble. So, bitcoin is NOT a bubble if measured in dollar terms!
May 21, 2017, 05:20:40 AM
I shouldn't be complaining with the price rising as quickly as it has, but I've got a bad feeling this bubble is gonna pop.
Not sure what the fundamentals are that got us from $1700->$2000 so quickly.
Not sure what the fundamentals are that got us from $1700->$2000 so quickly.
I wished it would pop so that I can buy.
We have not had any kind of meaningful correction since $890... but it seems that we are going up and we continue have pretty strong buying pressures and also quite a gradual upswing that seems to allow support to remain...
So maybe we will have some resistance in the $2300 to $2500 range, but if we get past that, then the next resistance is likely in the $3k to $5k territory.. so yeah.. seems like a bubble.. but at the same time we continue to have pretty decent buying pressure and support and upwards movement and a meaningful correction does not really seem in the likely cards, at least not at the moment.
In other words, bitcoin may be in "punishment mode" and not going to give shorters, bears, sellers or fence sitters to get their coins back that they sold in the $1k to $1500 range...
sorry for your loss.
According to Finabocci, next resistance line is likely around 2100 USD. It should be tested from both under and above several times (like the 1750 before). I agree we have entered bubble (and like many others I got punished for being sceptical for too long), but bubbles dont last two weeks. We are in for longer ride.
I am still sceptical that we will reach anywhere close to 10k this time around before reaching local top and substantial (months long) correction. 4-5k seems realistic in the medium term.
May 21, 2017, 05:08:53 AM
I shouldn't be complaining with the price rising as quickly as it has, but I've got a bad feeling this bubble is gonna pop.
Not sure what the fundamentals are that got us from $1700->$2000 so quickly.
Not sure what the fundamentals are that got us from $1700->$2000 so quickly.
I wished it would pop so that I can buy.
We have not had any kind of meaningful correction since $890... but it seems that we are going up and we continue have pretty strong buying pressures and also quite a gradual upswing that seems to allow support to remain...
So maybe we will have some resistance in the $2300 to $2500 range, but if we get past that, then the next resistance is likely in the $3k to $5k territory.. so yeah.. seems like a bubble.. but at the same time we continue to have pretty decent buying pressure and support and upwards movement and a meaningful correction does not really seem in the likely cards, at least not at the moment.
In other words, bitcoin may be in "punishment mode" and not going to give shorters, bears, sellers or fence sitters to get their coins back that they sold in the $1k to $1500 range...
sorry for your loss.
May 21, 2017, 04:53:14 AM
For the first time ever I believe $9000 is realistic.
May 21, 2017, 04:49:04 AM
markets are completely euphoric
Not enough Ron Paul 'it's happening' posts yet. Wait until $10k this year.
May 21, 2017, 04:45:34 AM
I know it's an unpopular view around here (especially among people like Marcus) that the value of bitcoin will not increase forever in a straight up vertical line, but here it is:
https://steemit.com/bitcoin/@r0achtheunsavory/the-r0ach-report-12-bitcoin-fair-price-analysis
https://steemit.com/bitcoin/@r0achtheunsavory/the-r0ach-report-12-bitcoin-fair-price-analysis
Quote from: r0ach
Another interesting bit of information is that the same single entity who controlled the bitcoin price back then on Bitfinex STILL controls the bitcoin price there now. I watched him use the same exact bot to do certain wall strategies at $400 as right now. I personally find it horrifying that the price of bitcoin is entirely controlled by one guy/entity on a single exchange for this long, but other people either haven't figured it out or don't care.
Could you say more about this part, please?
Isn't this what Karpeles did when trying to recover his losses at Gox?
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