Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18678. (Read 26630564 times)

there is nothing better than green candles to shun those trolls.

lampchop its time for you to terminate yourself.

This is a bit too volatile , and unhealthy growth. I hate to see what will happen with mainstream adoption... shudders...

Still very little news and press coverage outside of our circles -

https://www.google.com/trends/explore#q=bitcoin&date=today%201-m&cmpt=date&tz=Etc%2FGMT%2B6

Very few mainstream interest. We are still obscure and are seeing a very small percentage of 1.4 billion Chinese shore up the price due to increased need for capital flight.

When we pass 1100 USD , and the press starts covering this expect much higher volatility.

I remember lots and lots of folks proclaimed that the Halvening is already priced in as it is a known event.

that shouldnt be missing in this incident:

we all knew something was brewing, considering the amount of fud and hate and trolling and alt-shilling in the last two weeks.

For what it's worth I think we all owe him/her a thanks. S/he helped buy those cheap coins for as long as he/she/it could

Well .. that was cruel...  ... I like it!

Looking at the chart, it looks like a somewhat significant correction may be due. $550-580 maybe.
I'm not risking it though.

 

Bitcoin is a favorite cryptocurrency to Hodor, he always holdddddd

I probably agree with this. I told someone to get in when it was at $600 on the way down. Luckily they didn't buy. But now it's passing $600 on the way up in a long term trend reversal so it's a bit safer.

Also, we are in a less speculative market than 2013. It's clear now that bitcoin isn't going to zero. (At least as clear as reasonably could be in the investment world). There was always general consensus that it would either go to zero or infinity since the coins were in limited supply. Looks like the latter to me.

 • We still have actual halving to come.

 • We also have a capacity jump from 2.3 TPS to 100,000 TPS.

 • We also have a whole pile of VC funded projects baking in the oven that are going to result in who-knows what massive advances in the viability of industrial use-cases for cryptocurrencies.

 • We also have Brexit, Grexit, Spexit and Frexit.

 • We also have gold bugs discovering that their "stack" is not tradeable in limited supply form and not limited supply in its tradeable form.

 • We also have Dollar collapse, Abenomics lapse, Debt limit gaps and Batwoman straps once Mrs Lagaarde slaps the Special Drawing Rights currency on the world economy as the mandatory international reserve.

 • Plenty of fundamentals floating around to cushion any big cash-outs I'd say  

wow i just wake up and looking at the price    LOL  

i guess if the price  reach  780, we might see ath again soon    

http://s33.postimg.org/cyug5adxr/raraanim.gif

644 hellz yeah 

There is a reason why only accredited investors are allowed to invest in certain opportunities. There is an expectation when they lose their shirt on a risky deal, they can recover from that loss.

When it's mom and pop going in on this shit, they will lose everything, ) and if the current socialist agenda prevails, it will be us who has to pick up the tab.

Huobi 666.19/4372


Market moves after traders "lock their profits" and run out of coins is always interesting...

FOMOphobia setting in ...

Suppose the Chinese were reluctant to buy at 4k because they consider 4 unlucky, but now they are reluctant to sell at 4k because they consider it unlucky. If most of them are waiting until at least 5k to sell there will be a second pump. Also, they consider 8 lucky, so they might not sell until it reaches 8k.

Another wave up. FOMOing intensifies.


intensifies.gif