Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18249. (Read 26609760 times)

legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Good afternoon Bitcoinland. Too busy to check in this morning.

Up a bit overnight and back down a smaller bit today I see... $626 on Bitcoinaverage.

September seems to have gotten things moving again. Steady moderate gains are a good thing.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
https://firstglobalcredit.wordpress.com/

An interesting take on how most of the BTC exchanges operate. It's probably considerably more odious than this in reality.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
There was some downward pressure at $666 already before the Bitfinex thing. The drop to $570 was a bit of an extreme reaction so we are certainly correcting.

I think the small amount of downward pressure is likely being eaten up by the 2 months of halved rewards so high $600s is likely this month. Followed by months of rising that is faster than before the halving. Barring any huge news that jumps or drops the price.

Elwar do you think the effects of the halving will soon be taking place then? When I say that I mean a limited amount of coins on the market/exchanges which leads to a higher price?

All the price movement before/immediately after the halving was speculation, people panicking etc, trying to buy cheap coins.

What we should see now is a natural upwards price correction, maybe not as violently upwards but similar to what happened a month or three after the last halving.

After the halving I think the average climb will be around $20 per month while the average climb per month from the last halving to this most recent one was about $13 per month.

$20 rise per month on average would not be bad at all.


I'd definitely be happy if that bears fruition. $20 per month is probably sustsinable too, slow but steady growth is the best way.

No point having unsustainable pumps followed by the inevitable profit taking dumps. That method is only good if you're a seasoned trader not a mere HODLER like myself.

legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
There was some downward pressure at $666 already before the Bitfinex thing. The drop to $570 was a bit of an extreme reaction so we are certainly correcting.

I think the small amount of downward pressure is likely being eaten up by the 2 months of halved rewards so high $600s is likely this month. Followed by months of rising that is faster than before the halving. Barring any huge news that jumps or drops the price.

Elwar do you think the effects of the halving will soon be taking place then? When I say that I mean a limited amount of coins on the market/exchanges which leads to a higher price?

All the price movement before/immediately after the halving was speculation, people panicking etc, trying to buy cheap coins.

What we should see now is a natural upwards price correction, maybe not as violently upwards but similar to what happened a month or three after the last halving.

After the halving I think the average climb will be around $20 per month while the average climb per month from the last halving to this most recent one was about $13 per month.

$20 rise per month on average would not be bad at all.
sr. member
Activity: 366
Merit: 261
$666 tomorrow? Cool
good old times
legendary
Activity: 2464
Merit: 1145
Might be time to change to the other forum...

W/e i made good $$
We make good bitcoins here, not $.

You are right, i should have wrote bitcoins.

Why the heck cant you even mention the word altcoins(i didnt even say a specific coin) anymore.
legendary
Activity: 3431
Merit: 1233
Might be time to change to the other forum...

W/e i made good $$
We make good bitcoins here, not $.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
There was some downward pressure at $666 already before the Bitfinex thing. The drop to $570 was a bit of an extreme reaction so we are certainly correcting.

I think the small amount of downward pressure is likely being eaten up by the 2 months of halved rewards so high $600s is likely this month. Followed by months of rising that is faster than before the halving. Barring any huge news that jumps or drops the price.

Elwar do you think the effects of the halving will soon be taking place then? When I say that I mean a limited amount of coins on the market/exchanges which leads to a higher price?

All the price movement before/immediately after the halving was speculation, people panicking etc, trying to buy cheap coins.

What we should see now is a natural upwards price correction, maybe not as violently upwards but similar to what happened a month or three after the last halving.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Nice to see a little bump in the price- been waiting for this for a month now. Let's see how far it goes, and if it'll hold... I'm pretty optimistic, if it holds where it is and doesn't go any lower, we've got some good times ahead. 700 wouldn't be too out of the picture, although I think something around 650 is more realistic. I could be wrong though Smiley

There was some downward pressure at $666 already before the Bitfinex thing. The drop to $570 was a bit of an extreme reaction so we are certainly correcting.

I think the small amount of downward pressure is likely being eaten up by the 2 months of halved rewards so high $600s is likely this month. Followed by months of rising that is faster than before the halving. Barring any huge news that jumps or drops the price.
legendary
Activity: 1512
Merit: 1001
Bitcoin - Resistance is futile
Looking forward to reach 640 !


This is the current target, yes, it looks right.
.m.
sr. member
Activity: 280
Merit: 260
Looking forward to reach 640 !
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
Nice to see a little bump in the price- been waiting for this for a month now. Let's see how far it goes, and if it'll hold... I'm pretty optimistic, if it holds where it is and doesn't go any lower, we've got some good times ahead. 700 wouldn't be too out of the picture, although I think something around 650 is more realistic. I could be wrong though Smiley
legendary
Activity: 1442
Merit: 1016
Morning gentlemen!
Yeah that's how I like to start a day.
Breakfast tastes much better with a 2.5% up movement in price! Grin
We are breaking the $10billion soon and I'm hoping for $700 in this month.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino


That has got to hurt bears
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
hero member
Activity: 1011
Merit: 721
Decentralize everything
legendary
Activity: 1596
Merit: 1061
Smile
sr. member
Activity: 401
Merit: 280
Heh, I guess I shouldn't have stuck my opinion into a religious debate.

I'm sure you'll find whatever government studies to back your beliefs. I don't argue with religious fanatics that can quote scripture for anything I might say so I'll leave you to your beliefs.

As I always tell my global warming friends that start preaching...

Once your solution to global warming does not involve giving the government even more power, then I'll start taking the "science" seriously and look at the data. Until then, I'll sit on the side of skepticism.



"I'm sorry to burst your bubble ... but they are not wrong.. but not right as well. (not yet at least)

Basically all the weather depends on the magnetic field of the Sun ... yeah.. you heard me.. sounds insane. But why do you think a comparison between Mercury and Mars makes almost no sense when it comes to the magnetic field. Basically Mercury has 2 or 3 times the magnetic field of Mars... but Mars is 2 times more massive... in mass and volume than Mercury. And the only difference is the distance they each have in relation to the Sun."

I am happy to see that EU theory (Electric Universe) made at least one more person here to think about how flawed the Newtonian/Einsteinian gravitational theory is. And i am not being sarcastic, i find EU way better, simpler, and fitting with actual experimental data than the "mass=gravity" and "space bending" -lol, space is a concept - while they can not even define what is matter, and conjure up bullshits like Higgs-field - which is a clear sign of a failed hypothesis, when you have to postulate a never ending line of "new particles", and still failing with basic logical paradoxes. (Like how quantum mechanics can not coexist with relativity, not even on "paper".) Same problem in medicine, like the 30+ years fake bullshit HIV/AIDS (research it, seriously, watch House of Numbers for starters) or the whole basis for cancer therapy - yeah, radiate and poison people with known carcinogenic/mutagenic "cures", never mind the 98% mortality rate in 5 years "remission" follow up.... Mainstream science is a joke nowadays.



Europe is a place where cancer in the western side is more popular... and in the eastern part people would look at you like with a stare of doubt that you are tricking them. The reaction is "like how on God's name that happened? Are you sure?.. or just f'ing with me??"  Cheesy ... and they say "cancer is an old people disease!" ... because the difference is that people don't buy sh!t from the mega stores/supermarkets ... no wallmarts and crazy marts means you need to do your own jam/wine/smoked ham/and other winter supplies from your own back yard. A lesson you can see in those countries like Ukraine/Romania/Bulgaria/Serbia... is that you can't f'ing count on the West.
And a thing that just pop-ed up in my head just right now... Do you know I couldn't find 1 'efing single chicken egg that would be and taste like the ones from home?? From chickens grown fed with organic corn, fresh grass, bugs and small sand pebbles! Or don't get me started on the taste of the chicken... Because your entire life in the western society is just a big f'ing LIE!!! .. You basically cannot get the same result in the taste of cooking a home grown chicken compared with a store bought one.. or even with an "eco" or "organic" store chicken... LOL!  Cheesy Cheesy

While i agree with what you just said, you had the false prejudice, that i am from one of those "Western" countries, and have no idea whats going on with the "other 6 billion". I was born and living in a post-soviet country, so i know exactly from since a young adult the dichotomy between "what they say" and "what they do" Smiley I also have my own vegetable garden, so i know, how tasteless supermarket food is vs. home growned ones.
Jump to: