Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19846. (Read 26609902 times)

POM
sr. member
Activity: 547
Merit: 254
What a great week   Smiley
hero member
Activity: 798
Merit: 531
Crypto is King.
Wall Observer thread be like

legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
Last time this level was reached the drop was spectacular, this time it seems more sustainable. Or is it calm before the storm?


this is the calm of the first 1000. when the first 1000 appears, it is not long after that the next 1000 appears. it is not long after the next 1000 appears that the first 5000 happens. the Satoshi Nakamoto storm begins soon after the calm has passed .

et tu?

CCMF!!!
sr. member
Activity: 392
Merit: 250
Calm down comrade. If you wait patiently, you too will get your loaf of bread place in the blockchain in good time.

But don't worry, if you have any concerns, you can make them heard through our Minister of Truth, Commissar Theymos.

He can wait forever, if he does not want to pay a damned fee for the service.
The free shit party is happening in some other place.



Why even have a block reward? People should have been paying damned fees to fund mining since the beginning... oh wait... that'd be dumb as fuck and it would have failed already.
legendary
Activity: 1092
Merit: 1000
Last time this level was reached the drop was spectacular, this time it seems more sustainable. Or is it calm before the storm?


this is the calm of the first 1000. when the first 1000 appears, it is not long after that the next 1000 appears. it is not long after the next 1000 appears that the first 5000 happens. the Satoshi Nakamoto storm begins soon after the calm has passed .
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
Calm down comrade. If you wait patiently, you too will get your loaf of bread place in the blockchain in good time.

But don't worry, if you have any concerns, you can make them heard through our Minister of Truth, Commissar Theymos.

He can wait forever, if he does not want to pay a damned fee for the service.
The free shit party is happening in some other place.

hero member
Activity: 658
Merit: 500
the price of the bitcoin seems to be pretty stable right now lets hope it will keep on rising slowly but surely and that by the end of this year it will reach 500 dollars per bitcoin at least that would be a great start for the next year
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
[...] meh...
I continue to overestimate people Sad
~hands Fatman a bottle of MD20/20~

thx
newbie
Activity: 43
Merit: 0
We're still at Mom & Pop stage with a lot more traders in the mix.

And we're still all early adopters.

early mass adopters )
hero member
Activity: 742
Merit: 500
I understand adoption blah blah blah and that this is a good long term and mid term bet.  My analysis are for trading purposes and things like
-should I enter into a margin long right now?
-is the liquidity of the exchange growing?
-is fresh fiat being injected masse right now?
-will it simply consolidatine and go sideways for another three months, or is it breaking out right at this instant?
-could one small market dump cause a margin reaction and liquidate me?

Margin trading is a different game than investing.  I need to know these things.

I understand sell walls don't have much of an affect in bitcoin. However,  bid walls are somewhat more meaningful,  and I'm usually discussing the bid side.
Liquidity on the exchanges is getting better, bid side growing.

http://coinsight.org/huobi
http://coinsight.org/bitstamp

Trend on the Daily and Weekly charts still looks good, don't see any reason why rally should stop for now.

Personally I'm not bothering with margin trading right now.
I tend to use margin to day trade or swing trade when market is in a long term consolidation (like all 2015 pretty much, from February to October), a lot less when heavily trending. Since the low $300s BTC has been position trade material for me, so I just mostly sit in BTC and wait.


legendary
Activity: 1106
Merit: 1007
Hide your women
Follow this train of logic:

1.Difficulty goes up because blocks are being produced at a rate greater than 1 every ten minutes.
2.Blocks are  mined at a slower rate at a higher difficulty with the same hash rate
3. So confirmations will take a little longer right around the same time a lot of blocks are filling up.

This might be a very opportune time for a spam attack. That combined with blocksize deadlock and the Fed possibly raising interest rates for the first time in seven years means the next 24 hours are critical.


legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
>I really don't understand how you can't get bored with this.
I do. But duty as an educator; noblesse oblige and shit...

Educate Elwar?

Good Luck

But the [apparent] futility [and thanklessness] of the task is a reward in itself!
hmmmm...
Quote
Think Sisyphus.
stupid
Quote
Think A Hunger Artist.
stupid
Quote
Think late-1800s dandy reading flowery romantic poesy to a drunk in the gutter Smiley
stupid

Quote
*And, of course, meaning through repetition. Sisyphus again. And that king who hated Krishna.
stupid

Ok, I'm thinking "stupid" now. Now what?

Quote
[size= 1pt]then there's the occasional lel, too.
meh...
legendary
Activity: 1260
Merit: 1116
>I really don't understand how you can't get bored with this.
I do. But duty as an educator; noblesse oblige and shit...

Educate Elwar?

Good Luck

But the [apparent] futility [and thanklessness] of the task is a reward in itself! Think Sisyphus. Think A Hunger Artist. Think late-1800s dandy reading flowery romantic poesy to a drunk in the gutter Smiley

This will forever be my image of you now - the Lamb is dead, long live the Dandy!



legendary
Activity: 1066
Merit: 1098
>I really don't understand how you can't get bored with this.
I do. But duty as an educator; noblesse oblige and shit...

Educate Elwar?

Good Luck

But the [apparent] futility [and thanklessness] of the task is a reward in itself! Think Sisyphus. Think A Hunger Artist. Think late-1800s dandy reading flowery romantic poesy to a drunk in the gutter Smiley

This will forever be my image of you now - the Lamb is dead, long live the Dandy!

legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
We're still at Mom & Pop stage with a lot more traders in the mix.

And we're still all early adopters.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
>I really don't understand how you can't get bored with this.
I do. But duty as an educator; noblesse oblige and shit...

Educate Elwar?

Good Luck
legendary
Activity: 961
Merit: 1000
i really didnt think we'd see a full retarce so soon!

what if we really are >32,000 in < 2 years  Shocked

no, but 5000$ is quite likely

then what?

i think we'll see 1000-5000 for a year or 2 and bam 32,000 crash down to 10,000 bubble of the year 2017

by 2020, we're back at 32,000 heading for 100,000.

if bitcoin is very successful we're taking ~1million a coin no joke.
I call max 20,000 before too many issues with scalability,  government,  and competition.  Also,  wherever the theoretical max is, the moon train dumping will begin well before then

I'm trying to get my head around higher price levels in the future and am thinking of it this way - Berkshire Hathaway (or google etc etc) launched at a price range that could attract general individual investors. Mom & Pop could buy a decent amount (though more than what early / insiders got it for). Then as it started to rise many individuals stopped being able to buy a big chunk of shares and could maybe get a handful. Eventually, with continued success and over time, it became part of fund managers portfolios and then part of institutional buying.

By no means a perfect analogy, but when I read back to 2011 the similarities are there. We're still at Mom & Pop stage with a lot more traders in the mix.
hero member
Activity: 798
Merit: 531
Crypto is King.
#StillWaitingOnBetterBuySupport
#175CoinsImminent



legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
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