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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18080. (Read 26608959 times)

legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
legendary
Activity: 1568
Merit: 1001
Interesting prices are interesting. Cool
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
it can go up or down, either way am ready

still i have this idea that it will christmas dump cause everybody expect it to explode like 2013

then 2017 is moon

as long as we get no doom-news like a hacked exchange, a hardfork or similar shit, there will be the stuff that Rampion wrote about.

Definitely at a pivotal point IMHO...the high of June 2016 sets the stage !!!

Personally I think if we make a spike higher with considerable volume we might see a new all time high within 3 months...

Of course the composite operator loves random chaos within the parameters which includes all of the above mentioned by IMI  Cool

DIsclaimer:I just had a triple shot so take that with a grain of salt... Grin



Yes... have to take it with a LARGE fucking grain of salt.

One scenario is new ATH in three months..... another scenario is 3 days, and there are variations in between and even on the outskirts of that.

Sometimes when a pump goes into affect, the pumpers have little to no patience, and they want to see high numbers quickly, in order that they can cash out in a timely manner... maybe before the new year (even though such scenario makes little sense for tax purposes)...

ImI
legendary
Activity: 1946
Merit: 1019

very good sign that SO FAR we have no buying-panic at all. everything goes smooth as f
ImI
legendary
Activity: 1946
Merit: 1019
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
$780 on Stamp.

Highest price in around 3 years.
ImI
legendary
Activity: 1946
Merit: 1019
Have you noticed that since the beginning of this rally we have seen ZERO choo-choo-pics? It seems like the lesser choo-choo-pics the more up we go. So NO choo-choo-pics, except you are short..

edit: btw ccmf
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
it can go up or down, either way am ready

still i have this idea that it will christmas dump cause everybody expect it to explode like 2013

then 2017 is moon

I think that there is some decent potential for the prediction that you are making; however, your prediction is coming off as a bit jaded - as if you have been traumatized by the last 3 years (I mean getting dumped on over and over and over).     Sure, each of us, who has been invested in bitcoin for some time, are likely feeling various levels of anxiety and trauma from the various unexpected bull run quenching dumps of the past three years.
hero member
Activity: 576
Merit: 503
Not really, we will go to ATH (around $1200) with no real resistance and then we go exponential for a relatively short time before the crash - like it always happened. I've witnessed this shit three times already Cheesy

Ipse dixit, huh.

So YOU say.
We know Rampion dixit'ed it, but we have no idea what ipse did!  Roll Eyes
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
The 'war on cash' is really starting. Can recommend watching Andrea's Antonopolous recent talk about this very subject.

Yes, i have seen this : https://www.youtube.com/watch?v=6ZCVQHtD2l4





But, Saxo bank is right ... 2000 USD for 1 bitcoin at the end of January 2017 ?









Fuck, it's real ... it's currency WAR.

I will be more than happy if Saxo Bank prediction concern the price of bitcoin to hit 2100$ in the year 2017 was right and looking at the current price I said we're doing good Smiley

It will, don't panic Wink

We've a lot for 2017 to let us even reach $3,000+ and don't forget, 2016 in not finished yet Wink
That's cool then. Do you the exact month the price of bitcoin will blow like bazooka?

There has really been no big news (real or not) that would get people to enthusiastically rush to buy, thus causing a huge spike in price.

There is certainly upward pressure and optimism which is necessary for that but that is just one part.

I would say that the current upward momentum is due to the upward direction over the past year and the hopes that something big can push it higher. If the price were slowly falling over the past year there would not be this type of optimism. Even at this price.

Although I would love the price to jump to $3,000, I would rather have a solid price of $900-$1200 backed by adoption as opposed to short term speculation. If the price jumped to $3,000-$5,000 most people would be wanting to cash out into fiat at a huge profit. I would even consider doing so at such a high price. But then what do I have...a bunch of lousy fiat. I would rather have a solid decentralized cryptocurrency that I can spend in more places than being a fiat millionaire.

I highly doubt we will see $2,000+ in Jan. 2017.

But I'm sure we will see $2,000 - $3,000 or even $4,000 in 2017.

And as Elwar said, I want it to be slow healthy rise and not a short quick pump, because simply (easy come, easy go).

We've a lot of catalyst for these kind of price to be true in 2017 like the improving fundamentals of Bitcoin, geopolitical and geoeconomics troubles all over the planet, FOMO, Greed and the list goes on.
legendary
Activity: 1639
Merit: 1006
There has really been no big news (real or not) that would get people to enthusiastically rush to buy, thus causing a huge spike in price.

There is certainly upward pressure and optimism which is necessary for that but that is just one part.

I would say that the current upward momentum is due to the upward direction over the past year and the hopes that something big can push it higher. If the price were slowly falling over the past year there would not be this type of optimism. Even at this price.

Although I would love the price to jump to $3,000, I would rather have a solid price of $900-$1200 backed by adoption as opposed to short term speculation. If the price jumped to $3,000-$5,000 most people would be wanting to cash out into fiat at a huge profit. I would even consider doing so at such a high price. But then what do I have...a bunch of lousy fiat. I would rather have a solid decentralized cryptocurrency that I can spend in more places than being a fiat millionaire.

Bitcoin will bubble to 15k in the next 1-20 months and then everyone will have to wait for 10 years for 45k.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
There has really been no big news (real or not) that would get people to enthusiastically rush to buy, thus causing a huge spike in price.

There is certainly upward pressure and optimism which is necessary for that but that is just one part.

I would say that the current upward momentum is due to the upward direction over the past year and the hopes that something big can push it higher. If the price were slowly falling over the past year there would not be this type of optimism. Even at this price.

Although I would love the price to jump to $3,000, I would rather have a solid price of $900-$1200 backed by adoption as opposed to short term speculation. If the price jumped to $3,000-$5,000 most people would be wanting to cash out into fiat at a huge profit. I would even consider doing so at such a high price. But then what do I have...a bunch of lousy fiat. I would rather have a solid decentralized cryptocurrency that I can spend in more places than being a fiat millionaire.
legendary
Activity: 1624
Merit: 1126
It's all mathematics...!
After we pass the $785 mark on Stamp there's no real resistance until ATH. And you know what happens when we approach ATH, right? Media frenzy, irrational exuberance, and exponential we go.

On most other markets (Kraken, BTC-E, Huobi) that resistance point, which is the mid-June high, has already been broken. The other side of the story says that on Stamp we had a double or even triple top, which should be a bad signal.

But Bitcoin never gives a fuck about TA or double or triple tops. Up we go. I'm buying!



Sorry man ...didn't read your comment until just now!

We are certainly on the same page...except the TA! The TA is just another tool for the composite operator along with the above mentioned!

Cheers m8
legendary
Activity: 1624
Merit: 1126
It's all mathematics...!
it can go up or down, either way am ready

still i have this idea that it will christmas dump cause everybody expect it to explode like 2013

then 2017 is moon

as long as we get no doom-news like a hacked exchange, a hardfork or similar shit, there will be the stuff that Rampion wrote about.

Definitely at a pivotal point IMHO...the high of June 2016 sets the stage !!!

Personally I think if we make a spike higher with considerable volume we might see a new all time high within 3 months...

Of course the composite operator loves random chaos within the parameters which includes all of the above mentioned by IMI  Cool

DIsclaimer:I just had a triple shot so take that with a grain of salt... Grin
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Not really, we will go to ATH (around $1200) with no real resistance and then we go exponential for a relatively short time before the crash - like it always happened. I've witnessed this shit three times already Cheesy

Probably the big rally will not be as exponential and short-lived as in Dec 2013, Apr. 2013 and June 2011 (when price started doubling every week) because the coin is getting mature and the market getting bigger, much more money is needed for the price to double - but its still a very small market which is very prone to big rallies and big crashes.
The question is: is the market mature and big enough to sustain not only rapid pumping but longer periods with bitcoin price over$800?
I don't think we are ready yet, not in 2016.

Why not, if I may ask.

Agree, why not? 

This is the kind of assertion that deserves an explanation?   

If you look at Bitcoin's price history, you will see that the late 2013 rise to the ATH from the $100s to $1200, took place over about 7 weeks.

The November 2015  rise from $240 to $502 took place  over 4-5 weeks

The May 2016 rise from $450 to $778 took place over 4 weeks.


This current rise from $550 to $780 took place over 17 weeks (about 4 months)

But if you zoom out further, you will see the current rise from $450 to $780 took place over 7 months and the rise from $240 to $780 played out over 15 months.

In other words, we have gotten to our current price with a whole hell-of-a lot more price support over a longer period of time, which would substantiate greater possibilities that the price could be supported in the current range or even a higher range and even that we may have a considerable spike upwards before coming back down into a kind of "sustainable" range that may well rest above our current price point.


legendary
Activity: 1526
Merit: 1012
Sidewayz would be boring  Smiley
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