Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17838.

Torque

legendary

Activity: 3780

Merit: 5429

Quote from: Okurkabinladin on January 21, 2017, 11:34:18 AM

We wont see 1000USD/BTC "floor" anytime soon.

Remember, last bubble? How many predicted that BTC will actually go down from 1100 to well below 200 a piece? So, for next couple of years I am sceptical, that Bitcoin can leap and stay over 1000 dollars indefinitely.

Ten years down the road? Sure.

We will see a $1K floor form this year for sure. I will be glad to bring up this post again at the end of the year and remind you of your lack of vision. Grin

wutizurkwest

member

Activity: 78

Merit: 10

Price has resumed the average growth rate from Dec 20 to the drop (higher sloped lines).

If the long term trend (lower slope) holds, we'll be permanently above $1000 this summer.

craked5

hero member

Activity: 840

Merit: 529

Quote from: Okurkabinladin on January 21, 2017, 11:34:18 AM

We wont see 1000USD/BTC "floor" anytime soon.

Remember, last bubble? How many predicted that BTC will actually go down from 1100 to well below 200 a piece? So, for next couple of years I am sceptical, that Bitcoin can leap and stay over 1000 dollars indefinitely.

Ten years down the road? Sure.

Well I completely agree with how difficult 1k$ floor is to reach.
But on a bright side there already was another little buble just a few days ago...
And we already backed it!
So... Well maybe it won't happen. Maybe next time will be the good one. Or at least see a "crash" so low it's not really a crash ^^

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

Good AM Bitcoinland.

Still holding last night's small gains... currently $925USD (Bitcoinaverage).

Slowly creeping back up from the foolish little PBOC panic earlier this month. Maybe we'll see $1000 again before February.

Meanwhile We're at $1234CAD. Take note all those interested in pseudoscience like numerology, technical analysis, astrology, etc. Wink

Okurkabinladin

hero member

Activity: 574

Merit: 506

We wont see 1000USD/BTC "floor" anytime soon.

Remember, last bubble? How many predicted that BTC will actually go down from 1100 to well below 200 a piece? So, for next couple of years I am sceptical, that Bitcoin can leap and stay over 1000 dollars indefinitely.

Ten years down the road? Sure.

Torque

legendary

Activity: 3780

Merit: 5429

Any thoughts on when we'll be solidly north of $1000 again? By that I mean a $1K floor forming.

My original thought was June or July-ish, but now I'm starting to think April timeframe.

K~Ehleyr

sr. member

Activity: 434

Merit: 250

Ooh, shiny things!!

Nicked! Thanks Cheesy

conspirosphere.tk

legendary

Activity: 2352

Merit: 1064

Bitcoin is antisemitic

Quote from: r0ach on January 20, 2017, 11:52:48 PM

It's happening.

http://www.dailystormer.com/nazi-currency-bitcoin-hits-1000-usd-value/

New BTC logo:

Quote from: Killerpotleaf on January 20, 2017, 09:01:19 PM

DOOM!

abz99

newbie

Activity: 15

Merit: 0

USD smart money vs CNY FOMO-buyers, watch the bulls slaughtered http://zentrade.online/usd-vs-cny-bitcoin-battle/

maker88

sr. member

Activity: 336

Merit: 250

Quote from: mainpmf on January 21, 2017, 08:12:26 AM

Quote from: jaberwock on January 21, 2017, 07:25:50 AM

Quote from: el_rlee on January 21, 2017, 07:21:30 AM

Could it be that Huobi's price being higher than the rest of the world is simply because of Hongbao's?

Huobi used to have a higher price during the run to 1100+ too, and with a bigger gap than now

Maybe it is just things getting back to usual

You consider the run to 1100+ as the usual? ^^

I'm a bit afraid of this "usual"...
I'd like to see the price stable for a bit. Of course on the rise is good to but stable is better!

You can't possibly cosnider price stability to be "the usual" for bitcoin, so the run up is a lot more usual than that. Volatility is the name of the game in Bitcoin and has been the whole time.

DonQuijote

legendary

Activity: 1551

Merit: 1002

♠ ♥ ♣ ♦ < ♛♚&#

Where is the break point? 1116 USD?

Denker

legendary

Activity: 1442

Merit: 1016

Quote from: Ibian on January 21, 2017, 07:53:18 AM

Is it weird that I'm not even a little excited that we are in 900+ territory now?

And there is no reason for that.
I think this is just small upswing.We will see much more up and down swings the next couple of weeks.
Probably staying in the 850 to 950 range before trying to break the 1000 again.
I will get excited when we finally break the ATH in USD and continue moving up then!

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: mainpmf on January 21, 2017, 08:12:26 AM

Quote from: jaberwock on January 21, 2017, 07:25:50 AM

Quote from: el_rlee on January 21, 2017, 07:21:30 AM

Could it be that Huobi's price being higher than the rest of the world is simply because of Hongbao's?

Huobi used to have a higher price during the run to 1100+ too, and with a bigger gap than now

Maybe it is just things getting back to usual

You consider the run to 1100+ as the usual? ^^

I'm a bit afraid of this "usual"...
I'd like to see the price stable for a bit. Of course on the rise is good to but stable is better!

We are not going to get "stable" in bitcoin any time soon, this market cap is way too small for that, and also we seem to still be in the fairly early stages of a price battle (maybe about four weeks into it, so far). After we see this price battle through, then maybe a bit more "stable" might be possible.

Regarding the chinese, the usual and the run up to $1,100 those are all just various factors playing out, and the extent of chinese influence over price is playing out, and the questionable volume in china is playing out and whether the run up to $1,100 was "real" or a sign of anything or a place to which we will return any time soon will maybe play out in the coming weeks, but it could take a few months to get back there (depending on how this whole price battle plays out and how many coins the bears are willing to dump and how much the buying pressure from all locations can absorb those dumped coins and potentially keep the price on an upwards trajectory).

mainpmf

sr. member

Activity: 448

Merit: 250

Quote from: jaberwock on January 21, 2017, 07:25:50 AM

Quote from: el_rlee on January 21, 2017, 07:21:30 AM

Could it be that Huobi's price being higher than the rest of the world is simply because of Hongbao's?

Huobi used to have a higher price during the run to 1100+ too, and with a bigger gap than now

Maybe it is just things getting back to usual

You consider the run to 1100+ as the usual? ^^

I'm a bit afraid of this "usual"...
I'd like to see the price stable for a bit. Of course on the rise is good to but stable is better!

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: Karartma1 on January 21, 2017, 04:36:39 AM

Bitcoin is the must have for the rich now. OTC Bitcoin are on the way up: someone at work knows that I hold Bitcoin and they're rapidly turning to me for knowledge and, of course, bitcoins. The followings says it all:
I've been asked to provide 25 BTC. I refused. They were willing to pay more than 20% of current price. I refused.
I've told them to go buy them on the exchanges and do KYC/AML.
I think for the first time in their life they realized what their fiat money real value is and what that's value of financial freedom.

I buy and sell BTC directly for about a 5% premium, and yeah sometimes it is a bit of a hassle to replace sold BTC, so yeah, maybe I should be charging more, but it seems to be fairly profitable, so far.

If someone wanted to do 25 BTC, I would probably break it up into about three.. otherwise it is feeling like too much at once...

Ibian

legendary

Activity: 2268

Merit: 1278

Is it weird that I'm not even a little excited that we are in 900+ territory now?

jaberwock

legendary

Activity: 2772

Merit: 1127

Quote from: el_rlee on January 21, 2017, 07:21:30 AM

Could it be that Huobi's price being higher than the rest of the world is simply because of Hongbao's?

Huobi used to have a higher price during the run to 1100+ too, and with a bigger gap than now

Maybe it is just things getting back to usual

el_rlee

legendary

Activity: 1600

Merit: 1014

Could it be that Huobi's price being higher than the rest of the world is simply because of Hongbao's?

PoolMinor

legendary

Activity: 1844

Merit: 1338

XXXVII Fnord is toast without bread

Quote from: prophetx on January 21, 2017, 06:59:01 AM

Quote from: PoolMinor on January 21, 2017, 06:54:12 AM

Quote from: prophetx on January 21, 2017, 06:43:27 AM

Quote from: PoolMinor on January 21, 2017, 06:41:12 AM

Quote from: prophetx on January 21, 2017, 06:40:24 AM

Quote from: PoolMinor on January 21, 2017, 06:18:59 AM

Quote from: prophetx on January 21, 2017, 06:11:37 AM

You might want to zoom out to the 3 day chart.

you mean zoom in? this is the weekly. anyway what am i missing?

I believe we are not at the purple dot, but instead between a►b

that chart does not show that we are at the purple spot. the purple spot is just there to show when the break out happens.

a>b seems a bit fast no?

Readers tend to call me a bear when I predict a downturn in price, but I think this handle formation has just began. The recent price rise was destined, the Chinese New Year will play an important role in the price; I am seeing a surge to ~$990 followed by a correction b►c.

right. question is how low will she go in c (probably around tax paying time perhaps)

This is the "scariest" part, if that drawing is to scale you will note that the "c" point is well below the "a" point almost the same region as the "4" to the left of the handle formation. This would indicate a ~$550 range.

Cassius

legendary

Activity: 1764

Merit: 1031

Quote from: becoin on January 21, 2017, 04:47:02 AM

Quote from: Cassius on January 21, 2017, 04:37:13 AM

Quote from: criptix on January 20, 2017, 10:24:18 PM

A cryptocurrency which is fully controlled by a nation state is just a national currency.
And banks do the job good and cheap enough for fiat transfers.

There wont be any chinacoin...

There will, and it's a terrifying idea in the hands of a country that is perfectly at home practising wide-scale internet surveillance and censorship.

All major countries are practicing wide-scale internet surveillance and censorship at home!

China is a league apart in its interventions.

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