Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21467. (Read 26732153 times)

one sure thing is that bitcoin wont surge until some big macro event, ie. grexit, china crash, usofa shut down etc...

i really hope it all unfolds this summer, rather than in september or later..

edit: my money is on no deal by sunday between greece and UE, hence probably a 10-20$ surge in bitcoin. but then again, those negociations seems they would never end.

@JayJuan & pleaseexplainagain -

Guys I'm in a similar position, I started buying about 14-15 months ago, think the price was around 500-600 USD then. I've been buying regularly all the way down from there. I did buy a good amount all over 400 USD though so I'm still down overall on my stash.

I'm not worried though, BTC is a long term investment, HODL & wait for better times, they are coming. I think we'll go to about 600-700 USD by this time next year with the halving etc + other potential positive things like Gemini. That's still only baby steps though.

HODL for 5-10 years & hopefully we will be rich

IMF states today, that a Grexit could seriously affect USofA economy. Nevertheless, it seems Asian stock markets signal something far more significant than a "Grexit". Everything's painted red over there. I bet this could get worse before it can get any better, which might signal the next rally up for BTC. Over 300 until Sunday anyone?  

Coin
Explanation

Just buy and hold.. and buy some more....


I may start to trade once i am in the black.

yes my average buy price is sadly around what yours is but my chart says the the future is very bright and over time coins bought a year or two earlier at so called  "high" prices will seem like a "steal".  Optimism is contagious

should be some moar steam by the end of the week.

So are we waiting for Greece to exit the EU for a push past 280?

Seems we lost some steam.

I've been buying bitcoins regularly and on an ongoing basis, but my average buyin price is still near $500... hahahhaha... gonna take a while before I am in the black... I like the idea of $600 coins in 2016 or $2,200 coins in 2017, but the idea of $360 coins in 2017 would NOT be so helpful. to my psychology... but I suppose, even that reflects btc prices continuing to increase in value from today's price.

So, how about that bid stairway on Bitfinex? It looks like most of the bid side is still controlled by one player, but the price is now about 20 USD higher than when they first appeared.

It certainly doesn't seem like this is someone panicing to buy.

I too bet that the number of other people around the world who started wondering what if the Greek scenario happens to them is by far bigger than Greeks who were buying Bitcoins. Media, of course is just looking for flashy headlines.

Coin
Explanation

I think we are over focusing on the current price - we know at the top most of it is speculation but if you look at the bottom the story is still very bullish if you are slowly buying a little regularly at the daily price.

below are 2 charts. they track the lowest price in a year from 2012.

the first assumes the $177 2015 bottom will prove to be a genuine bottom.
the second that if big whales has not intervened it would have gone to $60.

I have made factors that are not very mathematically good but work crudely enough to be useful for me.

they show that
1. if $60 was the bottom and I buy now at $270 the bottom in 2017 will still be higher (at $360) and even in 2016 the bottom will still be quite good (at $146).

2. if $177 was the true bottom then buying now at $270 the bottom may be way higher (at $626) in one year (2016)

I see those numbers as very bullish compared to other things people can invest in (shares etc) as well as supporting the idea of bitcoin.


Year   Expected Lowest price   Factor   Actual   Minus is underestimation
2012   $4      $4   
2013   $14   3.537   $13   8.83%
2014   $50   3.537   $302   -83.43%
2015   $177   3.537   $177   0.00%
2016   $626   3.537      
2017   $2,214         

Year   Expected Lowest price   Factor   Actual   Minus is Underestimation
2012   $4      $4   
2013   $10   2.46   $13   -24.31%
2014   $24   2.46   $302   -91.98%
2015   $60   2.46   $60   -0.75%
2016   $146   2.46      
2017   $360   2.46      

Coin
Explanation

To be honest, I havent heard about him since he said he would accept bitcoin for his campaign donations.

PS: bitcoin's not performing? Are we looking at the same charts? It's gone up 14% in price in a month. Just a few more jolts upwards, above $320, and we'll be on our way up-up-up. Also, we may have broken above the log downtrend line, but we havent broken away from it. For that, we need to go past $280.

i think the truth we all have to come to grips with is that bitcoin should be performing right now and it's not. we can pretend that we do not see that but its obvious. let me guess .. we have to keep bitcoin down until the right moment. i'm fine with that. i think was smashed down at the wrong time though. i'm not an economist. i do not give any advice when it comes to bitcoins or anything. the reason i do not tell people to buy bitcoin is because i know that bitcoin gets smashed down. and it happens at times like right now when it should have gone up. we went higher with coinbase pump. i mean it is obvious. this time was different because this time there is a real emergency and real panic going on. they had to take huobi offline. chinese panic all over the place. i could see them us exchanges offline. we should keep minimal bitcoins on exchanges. because of this we should move some coins offline to keep obama from stealing them.

Coin
Explanation

Where is Rand Paul on this entire ordeal? I think yall should get with him or ask him about his heretofore stances.\

Donald Trump is like any other hypocrite, liar, etc. etc. I just hope that when (not if, when) bitcoin makes me rich, my character wont be deteriorated  

China is banning stock market now.