Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18029. (Read 26610656 times)

Approaching the 78.6% fib line. Doubt it will prove resistance, but guess you never know:





Yes, absolutely. I count just ten days where price was higher. How many days have there been since then, over 1000?

G-force being expected...  

Oh, she knows. So far, she's been happy to let me HODL. Let's just say we are both guardedly optimistic about our retirement years.

1100$ in the next 24h..

Well said, BlackSpidy.

And this.

Gah, you guys talk too much. There's just no keeping up. I'm a firm believer in the motto "buy when there's blood in the streets, sell at the sound of trumpets" problem with bitcoin is that if you time the sound of trumpets wrong, you ether miss out or you get wrecked with a losing short. We're doing great, market cap is the highest it's ever been, soon to be followed by the price. I think the market cap indicates that the market has finally recovered from MtGox, three years ago. And I'm amazed at how quickly our little asset that could has bounced off of a bubble where the price increased 100 times initial value in a year and a few months. Bitcoin has seen price increase every single year except 2014. The closing price of bitcoin in 2011 saw it at a 1,100% increase over its opening price that year. 2012 saw a 116% increase, 2013 saw an incredible and bubble-tastic 6,053% yearly price increase. 2014 saw a 60% drop in price, 2015 saw a 49% increase in price and 2016 is shaping up to hold a 100+% increase.

I got in 2015, when the nay-saying was at its maximum. I wanted to check bitcoin instead of relying on internet sources. I was hopeful. My first post here was that of hope. February 18th, 2015... I said we'd reach $900 by 2017. And, well... what else is there to say? Be careful, dont over-leverage, and don't get cocky. Best of luck, everyone.

Whouuuhouu ! 900 euros !

BTC in Huobi @ 980 got me liiiiiving

Counting today, 5 of the top 20 days in bitcoin history for BTCUSD price have been the past 5 days.  Only 8 days have been higher than current prices.  It doesn't seem like there would be a large group of people who bought on those 8 days and decided to wait 3 years to see if bitcoin could recover.

Haven't sold a single satoshi on the way up this time. Feels good to gamble all in btc and win each day.

Can you, because I can't? How many of these strange and incredible people who defy normal human psychology do you envisage?

I want to keep it all quiet but I can't help it. It's either I tell her all about it or she'll think I am having an affair the amount I check my phone. The battery doesn't last long during pumps.

My wife's reply: "It's all monopoly money to me".

haha, yeah I remember those guys.

The sky is falling! lol

Sure a dump can happen anytime, yet your fictional description of some folks waiting for 3 years to get into the green is nearly pure fictional and based on some outlier case(s). 

In other words, bitcoin is in a very good position right now, even though there has been about a 3 month pump with more erratic upward behavior in the past week...   In any event, currently, we seem to have very decent price pressures to both break through $1k and likely to be able to test the ATH.. or at least come within reach of it in the coming week or two.

I don't know about that... where's your evidence?

Sure, there are always ways for the rich to get richer, but there are also ways for smaller players to attempt to profit from the whole situation (including this most recent price rise if they had enough foresight to hang onto a large majority of their coins and/or engage in other wealth preservation and/or accumulation strategies).