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

[orpington]

At Parity with BCH   - 13 (3.6%)

hilarious

[bitcoinPsycho]

At Parity with BCH   - 13 (3.6%)

hilarious

Yeah the market has spoken


More like parity with dogecoin

[Ludwig Von]

  BTFD seems complicated when the dip is always yesterday... . 

[Torque]

Interesting to see the PMs rising along with bitcoin. Fun stuff.

[xhomerx10]

So true, my friend.



 Thanks for those stats!  I hadn't seen them presented so succinctly.

[erre]

So true, my friend.



 Thanks for those stats!  I hadn't seen them presented so succinctly.

 How is btc distribution going? I was updated about the situation a couple of years ago, but now some whales should had cashed out...

[Syke]

$5000 is a psychological barrier for sure and some analysts are calling for a correction at $4800 because $4840 is a local Fibonacci 2.618 extension from last swing low

We're currently bumping into the €4000 barrier.

[Syke]

How is btc distribution going? I was updated about the situation a couple of years ago, but now some whales should had cashed out...

Impossible to know. There's no way to connect addresses to people, or people to addresses.

[gentlemand]

https://www.coindesk.com/f2pool-reneges-mining-pool-pulls-segwit2x-support-hard-fork/

The first of many death throes for 2X. Told ya.

Or if I didn't, I can't remember, I told ya now.

[orpington]

$5000 is a psychological barrier for sure and some analysts are calling for a correction at $4800 because $4840 is a local Fibonacci 2.618 extension from last swing low

We're currently bumping into the €4000 barrier.

but we busted thru 500000 yen

[Ludwig Von]

Interesting to see the PMs rising along with bitcoin. Fun stuff.

Despite someone dumped 1 billion in paper gold... . Now this is my idea,  BTC and gold ( PMs if you prefer a harem) should be married.

[eXpl0sive]

https://www.coindesk.com/f2pool-reneges-mining-pool-pulls-segwit2x-support-hard-fork/

The first of many death throes for 2X. Told ya.

Or if I didn't, I can't remember, I told ya now.

[JayJuanGee]

...I wonder how market will react at $4800

What bothers me the most is, that these massive runs haven't had decent pullbacks in the recent days. There is accumulating a lot of steam i'm afraid of...

Or on the other hand, maybe that is just what is happening when all this institutional money is coming in  

What the fuck are you talking about?

There had been pull backs and even sort of flat periods in the past two months, sure we have not seen a 30% pullback for a while, and I am not sure if the correction down to 1850 or 3650 count, since they were only 20% pull-backs, but the essence of the matter has been a kind of ongoing gradual upwards price movement - so yeah we could experience a 30% to 50% pullback at any time, but it seems that the gradualness of the ongoing upwards price slope has not outpaced ongoing buying support, so maybe we will get a spurt up to $5900 or a spurt up to $7k, and either of those kinds of spurts, if they were to occur would further justify a 30% to 50% correction - but currently, a 30% correction is not a necessity since we have had a couple of 20% corrections and a gradual upwards that seems to have facilitated buyers to keep up their support of each of the stairs up this staircase... we could even spurt up to $10k in a week or two. and then surely under those kinds of possible circumstances I would start to feel that a 30% to 50% correction was necessary.

[Last of the V8s]

https://www.coindesk.com/f2pool-reneges-mining-pool-pulls-segwit2x-support-hard-fork/

The first of many death throes for 2X. Told ya.

Or if I didn't, I can't remember, I told ya now.

that is bullish. Wang Chun normally needs goading with a large stick before falling into line. now though he comes out ahead of the herd.

[AlcoHoDL]

Euro-ATH @ 3999.53 €/BTC (Kraken).

Damn, so close!  

[gentlemand]

that is bullish. Wang Chun normally needs goading with a large stick before falling into line. now though he comes out ahead of the herd.

He's also a pathological troll so let's not count those chickens, or pigeons or whatever quite yet.

[JayJuanGee]

Yeah, I'm back baby. My thanks to Cyrus!

If you haven't already, make sure to stake your address. Best thing you can do to protect your account.

And $4700? Today is a good day.

Glad to see that the "real" yefi is back.

Pretty soon we are going to get Roach back, too... ... hahahahaha... reminds me of a song:    who let the dogs out?

[JayJuanGee]

An early but splendid good morning Bitcoinland.

Another day another ATH... currently $4740USD/$5955CAD (Bitcoinaverage).

The surprising thing is that AltcoinCash is also up... $595USD/$752CAD (Coinmarketcap).

A great day for those of us who hold both.

Go Bitcoin go.

Bitcoin is getting good ~ $5000 is new floor *//^ $9000 tuff nut to crack!!!    weeeeee

I am not sure what conditions need to be met before a price-point becomes a floor - but probably going above it and then staying above it for a while, then that particular price point seems to be a bargain... ... and these days, it seems like anything below $3k would be a bargain... but I could see prices correcting to $2500 - yet I have difficulties imagining circumstances of again achieving prices below $2500 - even though we know that anything is possible in bitcoinlandia - and we were just at $2500 less than a month ago, so it would not seem too outlandish to go there - yet at the same time, with this seemingly ongoing upwards price pressures, it seems that up is more likely than down, and so once we get in the supra $5400 territory, then $2500 would be a 50% correction - which would seem to be on the upper ends of the correction range, no?

I actually could see shooting straight up to a little above $7k, and then possible a greater than 50% correction could be within the realm of reasonable - but if we keep going in a kind of "gradual" upwards slope, then likely we are not going to experience greater than 30% price corrections at any given price point....

Who is to say?  and time will tell.  Exciting!!!!       

[BlindMayorBitcorn]

This guy accidentally flashes his stash and everybody loses their shit. I guess all the whales are over here.

[suzanne5223]

WOW bitcoin and RISE are both doing very well.

Yeah. Watching the bitcoin price chart closely and the crypto currency capital market. I must confess today looking so good for bitcoin even almost every cryptocurrency gain some increase in price.