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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17981. (Read 26686457 times)

legendary
Activity: 2128
Merit: 1005
ASIC Wannabe
realistically, i think $1600, then a fall to $1000 and holding that range for at least a few months
legendary
Activity: 1680
Merit: 1045
i'm bored.

why hasn't the price gone up in the last 6 minutes?
sr. member
Activity: 541
Merit: 362
Rules not Rulers
feels like 2013 again.
legendary
Activity: 1120
Merit: 1012
I miss that feel when 1 btc = 1 oz. au.
hero member
Activity: 625
Merit: 501
x
Gold - $1168.
In yuan - 8115.

I think we've topped for now.

I don't think I've ever been refuted faster!!! 8257 on OKCoin, good god...
full member
Activity: 121
Merit: 100
Its getting over 9000 Shocked
hero member
Activity: 1011
Merit: 721
Decentralize everything
$4030 to ATH in dollars  Shocked Grin Cool
legendary
Activity: 1680
Merit: 1045
THIS IS THE FINAL CALL FOR BOARDING THE BTC ROCKET SHIP. ANYONE NO ON BOARD WILL BE LEFT BEHIND
newbie
Activity: 27
Merit: 0
Did it just jump 9 dollars when I was looking at another tab for about 45 seconds... ATH today. Earlier this week I was thinking it would take until January 31st.


edit: while I was typing this post it jumped up another $10 holy shit.
hero member
Activity: 625
Merit: 501
x
Gold - $1168.
In yuan - 8115.

I think we've topped for now.
legendary
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
Huobi New ATH!

All that is left is USD ATH. After that...who knows? Correction to form Cup & Handle? Insane blast-off?
legendary
Activity: 3619
Merit: 4812
Here we go, 8100 Yuan  Shocked

Love to follow the 1 min chart.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
Well that escalated quickly...
hero member
Activity: 625
Merit: 501
x
CHINA BREAKS 8000...

legendary
Activity: 3780
Merit: 5429
Hmm, this isn't looking as bearish as I'd like... Maybe the Chinese will pull an extension?

You do realize that since this bull run started, buying bots on each exchange have been in control mostly buying on technicals?

The dumps you see are simply bots dumping into their own walls, taking profits from other margin longs and scooping up their cheap coins.  Any direct human interaction is cursory and benign.
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
DID WE JUST HAVE A NEW ATH IN CHINA ?!?!?!

hero member
Activity: 601
Merit: 503
8000 cny/btc and soon its 9000 because all bots are programmed to buy at 8k because its the ath in china.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
Hmm, this isn't looking as bearish as I'd like... Maybe the Chinese will pull an extension?

What about the BFX shorters' prisoner dilemma? There's 16k of them and only 6k in total asks.
An order book can change quickly

Also 8012 yuan, new ATH in yuan.
full member
Activity: 121
Merit: 100
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
Just charge in dollars and accept payment in BTC with a window of a few hrs after the job is complete.
That way you can always charge the same for the job and no one will feel like they over or underpaid.


I have a problem with this price rise:

As many people know, I fix people's bitcoin miners for bitcoin payments. Thus I have to account for my time, skills, experience, and material costs (damn FPGAs are expensive when they blow up). I price my work in bitcoin because I want this currency to have a reason to exist other than as a speculation thingie.

Problem is the fluctuations: If I charge .3btc for a service and bitcoin drops from 600 to 300 I don't want to raise my bitcoin prices so I kept them constant. Likewise if it goes from 600-1200 I don't want to change my prices for the same basic reason (I'm doing work for a certain amount of bitcoin). But if it keeps going haywire, what do I do? What's fair? And at what point am I simply doing work for dollars instead of Bitcoin?

It's complex.
As long as dollars are less volatile than bitcoins, this method makes a lot more sense ( perhaps with a yearly repricing to account for inflation or other market dynamics).
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