Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[rjclarke2000]

Can we pass golds price per ounce?

Exciting times. Pleasure to be on this ride with you all.

[JimboToronto]

This reminds me of winter 2013 during the run up from $10 through the years-old ATH at $33 on its way to $266, going up almost daily with minor corrections along the way and doubling every month or so before finally skyrocketing into a bubble and popping.

It might still be a couple of months before this rally becomes a bubble.

[protokol]

Small correction incoming by the looks of it, will be interesting to see how much support holds in the next hour or two.

[practicaldreamer]

It might still be a couple of months before this rally becomes a bubble.

Yes - I'm hoping that the top of this run is so high that the ensuing bottom is still well above the previous ATH.
Given that we still haven't reached the ATH of several years ago (on Stamp) yet then this currently has to be a long way from being a "bubble".
When I was telling Mrs.Dreamer of the recent run her enthusiasm waned as soon as she realised we hadn't even reached the previous ATH. I could have gone in to market cap etc - but, to be fair, she had a point.

$10k + - then maybe talk of a bubble - but not before.

Just now we are looking at organic growth. I personally am amazed it was so low for so long.

[Syke]

I find it funny there's no wall around 1163 @ Bitstamp. This could go way up.

[podyx]

Let's pray everyone that this doesn't become a double top

[practicaldreamer]

Are we watching the power of the whale dump being eroded ? At least on Bitstamp - I don't want to contemplate a Chinese whale dump.

[abercrombie]

Gonna be dancing hard once it passes both the ATH & value of gold.  

[holzer]

I don't get why Bitstamp and and Bitfiniex keep dropping when Huobi is $100 higher and showing no signs of retracting yet.

[Sourgummies]

Are we finally going to see a retrace to $1000. It would be so good to see and good to set a nice solid floor there over a few months.

[Ibian]

Let's pray everyone that this doesn't become a double top

What does that mean in charthology again?

[Cassius]

any other UKers here holding their breath for ~$1230 when we finally hit £1000? that is gonna be when my head explodes.

Yep - one here Spooder. That would be fantastic.

The crazy thing is, I've tried to explain bitcoin to quite a few people over the last few years. Some have nodded approvingly - but most have been sceptical. But none that I know of have acquired any BTC. I'm watching this rise on my own (so to speak)

The one I'm waiting for is $1163 on stamp. And I'm starting to think I might see it before 23:59 GMT.

I have spent so much time watching the price over the festive period its embarassing.

Where do you guys buy/sell BTC, by the way? I get paid monthly in bitcoin and since Circle shut down BTC sells I have to resort to Coinfloor. It's not bad but still a hassle and you get spanked on withdrawals, of course.

[machasm]

any other UKers here holding their breath for ~$1230 when we finally hit £1000? that is gonna be when my head explodes.

Yep - one here Spooder. That would be fantastic.

The crazy thing is, I've tried to explain bitcoin to quite a few people over the last few years. Some have nodded approvingly - but most have been sceptical. But none that I know of have acquired any BTC. I'm watching this rise on my own (so to speak)

The one I'm waiting for is $1163 on stamp. And I'm starting to think I might see it before 23:59 GMT.

I have spent so much time watching the price over the festive period its embarassing.

Where do you guys buy/sell BTC, by the way? I get paid monthly in bitcoin and since Circle shut down BTC sells I have to resort to Coinfloor. It's not bad but still a hassle and you get spanked on withdrawals, of course.

You could try bitbargain.co.uk
Its not an exchange more of a market and the seller fee is a little high but the margins are generally quite high so compensates for that.
All depends how many you are trying to shift.
Otherwise you could use Kraken but the GBP volume there is quite low unless you convert to Euros.

[JimboToronto]

Interesting little correction, fairly steep at Stamp, shallow at Huobi, and somewhere in between at Finex.

Seems to have support at $1100 though. No big thing. Lots of legs left in this rally.

[Cassius]

any other UKers here holding their breath for ~$1230 when we finally hit £1000? that is gonna be when my head explodes.

Yep - one here Spooder. That would be fantastic.

The crazy thing is, I've tried to explain bitcoin to quite a few people over the last few years. Some have nodded approvingly - but most have been sceptical. But none that I know of have acquired any BTC. I'm watching this rise on my own (so to speak)

The one I'm waiting for is $1163 on stamp. And I'm starting to think I might see it before 23:59 GMT.

I have spent so much time watching the price over the festive period its embarassing.

Where do you guys buy/sell BTC, by the way? I get paid monthly in bitcoin and since Circle shut down BTC sells I have to resort to Coinfloor. It's not bad but still a hassle and you get spanked on withdrawals, of course.

You could try bitbargain.co.uk
Its not an exchange more of a market and the seller fee is a little high but the margins are generally quite high so compensates for that.
All depends how many you are trying to shift.
Otherwise you could use Kraken but the GBP volume there is quite low unless you convert to Euros.

Thanks. Looking for convenience and low fees really. Used to use Stamp but the bank fees and appalling FX rate was killing me. I've bought from bitbargain, three years ago as I was learning about BTC, but selling would be a hassle. Will look into Kraken but anywhere abroad will probably use SEPA, which incurs vast penalties. I've got a friend who uses LocalBitcoins, but I don't like the idea of waiting around and doing it all manually.
Basically the banking sector here sucks with regard to bitcoin.

[gentlemand]

Thanks. Looking for convenience and low fees really. Used to use Stamp but the bank fees and appalling FX rate was killing me. I've bought from bitbargain, three years ago as I was learning about BTC, but selling would be a hassle. Will look into Kraken but anywhere abroad will probably use SEPA, which incurs vast penalties. I've got a friend who uses LocalBitcoins, but I don't like the idea of waiting around and doing it all manually.
Basically the banking sector here sucks with regard to bitcoin.

Try Bittylicious? I've no idea what it's like as a seller but they're superb to buy from. I'm not sure whether it's in any way automated but try asking them. You get a juicy premium too.

[machasm]

any other UKers here holding their breath for ~$1230 when we finally hit £1000? that is gonna be when my head explodes.

Yep - one here Spooder. That would be fantastic.

The crazy thing is, I've tried to explain bitcoin to quite a few people over the last few years. Some have nodded approvingly - but most have been sceptical. But none that I know of have acquired any BTC. I'm watching this rise on my own (so to speak)

The one I'm waiting for is $1163 on stamp. And I'm starting to think I might see it before 23:59 GMT.

I have spent so much time watching the price over the festive period its embarassing.

Where do you guys buy/sell BTC, by the way? I get paid monthly in bitcoin and since Circle shut down BTC sells I have to resort to Coinfloor. It's not bad but still a hassle and you get spanked on withdrawals, of course.

You could try bitbargain.co.uk
Its not an exchange more of a market and the seller fee is a little high but the margins are generally quite high so compensates for that.
All depends how many you are trying to shift.
Otherwise you could use Kraken but the GBP volume there is quite low unless you convert to Euros.

Thanks. Looking for convenience and low fees really. Used to use Stamp but the bank fees and appalling FX rate was killing me. I've bought from bitbargain, three years ago as I was learning about BTC, but selling would be a hassle. Will look into Kraken but anywhere abroad will probably use SEPA, which incurs vast penalties. I've got a friend who uses LocalBitcoins, but I don't like the idea of waiting around and doing it all manually.
Basically the banking sector here sucks with regard to bitcoin.

Got to agree with you on that and Kraken does require SEPA and your right about the charges!
The sooner BTC becomes the new world currency the better! We can cut all these middlemen out who keep fleecing us!!

[spooderman]

another go at 1140? ok then let's do this.

[Cassius]

Thanks. Looking for convenience and low fees really. Used to use Stamp but the bank fees and appalling FX rate was killing me. I've bought from bitbargain, three years ago as I was learning about BTC, but selling would be a hassle. Will look into Kraken but anywhere abroad will probably use SEPA, which incurs vast penalties. I've got a friend who uses LocalBitcoins, but I don't like the idea of waiting around and doing it all manually.
Basically the banking sector here sucks with regard to bitcoin.

Try Bittylicious? I've no idea what it's like as a seller but they're superb to buy from. I'm not sure whether it's in any way automated but try asking them. You get a juicy premium too.

Bittylicious is excellent for buying. Same deal with selling as bitbargain, though - approval process and of course you have to wait around and make manual transfers.
Will probably stick with Coinfloor for now. They're not terrible, I was just spoiled by the convenience of Circle, sending coins and having them turn up as GBP, with no further action necessary on my part, practically zero slippage and no withdrawal fees. It was too good to be true. Banksters. The day of reckoning is nigh.

[600watt]

another go at 1140? ok then let's do this.

Ok, i do my part. Please do yours.