Bitcoin Forum
March 24, 2023, 08:00:44 PM *
News: Latest Bitcoin Core release: 24.0.1 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 »
1  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 21, 2019, 05:30:35 PM
Strap in. It's coming.
2  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2019, 03:58:53 PM
8.8 - > 9 - > 10 - > 9.2 incoming in next 48 hours. I don't belive we will blow through 10.

Hopefully, you are not betting too much on that.

I kind of agree that BTC has to meet significant and meaningful resistance at some point, but if a lot of people (shorters) are betting on $10k not being breached, then it seems to me that too many stacking of bets in that direction creates fuel for $10k to be breached.. ... which might be premature, but seems that shorters and bear tears are contributing to such ongoing irrationality in bitcoin's ongoing upwards price movements.

So at some point the bears gotta get over their wet dreams of BTC's seemingly "imminent and inevitable" severe downward correction, and give into bitcoin's upwards power.. and at that point, she might be ready for the decently severe correction.   Wink    Cheesy Cheesy Cheesy

No. Permahodl.
3  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2019, 03:46:51 PM
Here we go go go.
4  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2019, 03:13:23 PM
8.8 - > 9 - > 10 - > 9.2 incoming in next 48 hours. I don't belive we will blow through 10.
5  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2019, 03:47:40 PM
It is interesting that this ETF thing is so important. This side of the pond I could have invested in crypto ETFs for years now... Nothing new...
AFAIK, Crypto ETFs are baskets of shares of selected crypto companies. I think a cryptocurrency ETF exists already, but it includes ETH and other shitcoins. The ETFs under SEC scrutiny would include btc only. What's more, some of them are designed for settlement in kind, not in cash (that is, bitcoin - not USD). The importance or usefulness of such a financial instrument is debatable, but it can't be dismissed as "nothing new".

Where's the novelty? Everyone would be able to buy (paper) btc through their stock market broker, without having an account at an exchange. Besides, if the settlement is really in kind, the ETF issuer would have to hold/buy/sell matching amounts of the underlying asset (btc) or bear the risk when the ETF holder asks for payment. That is, if fuckery can be ruled out. Which is a big IF.

The swedes have an ETN that tracks Bitcoin only. They call it an etf. As I understand it it is an ETN though.
6  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2019, 02:33:47 PM
Lots of selling & people trying to send the price into the 7500s or lower.

Bitcoin community & traders -




So someone knows that tomorrow VanEck ETF denial or delay


The upcoming VanEck ETF decision could certainly have a serious impact on $BTC price

Denial = Pull back the current price regardless of how good it looked this wknd

Approval =push the price to new yearly high & create mass FOMO buying

Delay = Expected & likely little change
https://twitter.com/Josh_Rager/status/1130326881859964928?ref_src=twsrc%5Etfw

It is interesting that this ETF thing is so important. This side of the pond I could have invested in crypto ETFs for years now... Nothing new...
7  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2019, 12:34:57 PM
https://twitter.com/jchervinsky/status/1130209159503319040

There's no real hopium for ETF, SEC approval are just for moonboys and when they does I guess the capitulation already started. What you think about it?






The market recently has matured and such news doesn't change anything. In fact, more traders realize that such news trigger short lived bull balloons that pop up pretty quickly.  Without ETF, we will see a steady growth beyond 20K. We entered the year-before-the-halving-accumulation zone and everyone who is clever enough, buys and waits at least six  months after the halving. That is the reason there are so few bitcoins on the exchanges in the last months. IMO, this is the main reason for the bull run and not some rumors.

In this case you can buy now and hold till Q4 then sell at $20k+ (I'm sure we'll see an ATH this year) which will be a very nice profit. If you're patient enough you can hold up to 6 months after the halving and sell at another ATH ($100-500k+ per BTC). So you can't really lose it's only a matter of how long you're willing to wait and how much money you will finally receive. Win-win  Cool   

I don't get it
Why is everyone aiming to sell for FIAT? If and when crypto does go sky high late in 2020 then why would you turn to something that is losing its value? It just doesn't make sense. Either you believe that BTC will rule or you don't.

I'm just looking forward to the day (ca 2025) I can quit my job and buy a big summerhouse next to a lake for 0.1BTC.



In about three halving (2028), transaction fees would need to be $20 or thereabouts for miners to stay on BTC and stay afloat.
Feel free to explain how to "rule" when fees are crazy high. It only gets worse every 4 years.

Noted.

BUT

I would have to pay my broker EUR35 to buy "gold" today. Any amount.
AND
Fiat value will nose dive like a mf if BTC rules

We'll just have to see.
8  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 20, 2019, 11:58:35 AM
https://twitter.com/jchervinsky/status/1130209159503319040

There's no real hopium for ETF, SEC approval are just for moonboys and when they does I guess the capitulation already started. What you think about it?
The market recently has matured and such news doesn't change anything. In fact, more traders realize that such news trigger short lived bull balloons that pop up pretty quickly.  Without ETF, we will see a steady growth beyond 20K. We entered the year-before-the-halving-accumulation zone and everyone who is clever enough, buys and waits at least six  months after the halving. That is the reason there are so few bitcoins on the exchanges in the last months. IMO, this is the main reason for the bull run and not some rumors.

In this case you can buy now and hold till Q4 then sell at $20k+ (I'm sure we'll see an ATH this year) which will be a very nice profit. If you're patient enough you can hold up to 6 months after the halving and sell at another ATH ($100-500k+ per BTC). So you can't really lose it's only a matter of how long you're willing to wait and how much money you will finally receive. Win-win  Cool   

I don't get it
Why is everyone aiming to sell for FIAT? If and when crypto does go sky high late in 2020 then why would you turn to something that is losing its value? It just doesn't make sense. Either you believe that BTC will rule or you don't.

I'm just looking forward to the day (ca 2025) I can quit my job and buy a big summerhouse next to a lake for 0.1BTC.

9  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 19, 2019, 10:52:06 AM
She could soap my Aston any time. Polish my Pagani.

lather my Lada

Shine my Skoda

Or just sit in my Seat.
10  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 15, 2019, 08:15:14 AM

The institutions are finally figuring it out that it really is all about bitcoin and building trading, exchange, settlement and international transmittance layers on top of Bitcoin.

Eh...they're not actually. They're figuring out it's about diversification. Not least because of 3 things:

 1. no investor in possession of their senses doesn't diversify their portfolios within any asset class
 2. they understand that monetary assets are not a natural monopoly
 3. they understand that the most expensive asset in the class does not always have the most upside

The "God made bitcoin so we don't need anything else" delusional hopium in this thread is quaint, but you already lost that war 5 years ago and diversification is a one-way street. That is one genie that does not go back in the bottle.


Tokonormal.

How are competitors against Facebook  doing? Against Apple? Against Amazon? Against Netflix? Against Google?  Do you want to diversify into second tier versions of the FAANGs?

No you do not.  

They each completely dominate their market segment.  

As does Bitcoin.

Diversification is about picking the best of each market segment and buying a little of each.  It is not about chasing penny stocks.

Are you saying nobody should have bought apple 20 years ago?

I think that is what we are talking about here. You are buying sh1tloads of compaq and IBM and blockbuster... At the time they were the giants.

I don't pretend to know the future but I do know a good saying about the person who laughs last...



11  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 14, 2019, 07:00:50 PM

By the logic of some of the idiotic maximalist comments in this thread, once gold nuggets were dug out of the ground there was no further need for diversification - not minted coins, not account based trading, not paper notes and not lightweight metals. Popular music need not have bothered itself further after the Beatles. The sovereign bond didn't need to be hedged by equities, commodities nor currencies, Fine Art investments were all "scams" after Da Vinci.

Don't you nuttheads get markets or what ? The whole point of them is that they're not tyrannies. There is diversity to address everything from taste to hedging requirements to technical deficiencies and vertical sectors.

Without diversification in the crypto-asset market bitcoin would still be in 3 digits.

jeez. imagine there were no airplanes invented yet. satoshi invents a full functioning modern airplane. it works. provably. and now there are 2 or 3000 others that build "airplanes" that are much cheaper (no wings), much lighter (no engines) or are made out of bamboo. you are saying that people should use those fake airplanes. that is not diversification. just pure scamming of people.    alts offer no use case. they dont fly. the idiotic comments are yours. amazing.

I think he is saying that helicopters can also fly and are not necessarily always 100% sh1t + they have also brought new things to the table like flying just 1 - 3 people a short distance to a city 200miles away that has no airport with a runway...

12  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 12, 2019, 07:13:07 AM



Calling that the top!   at least for now

Dunno man. 7.5k on stamp
13  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 15, 2018, 03:09:47 PM
LOL .

I see 4400 in 10 days.

I think we are all just seeing things at these levels though.

 
14  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 15, 2018, 03:01:08 PM
Still think 200wk SMA (3100-3200) is as low as we are going to go in the big picture. We should be in for a serious bounce very soon. 
15  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2018, 04:45:40 PM
based on feeling alone and just so that I can quote this later... i don't think we'll be below 3200 for very long.
16  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2018, 04:22:25 PM
we are on the 200 wk right now. it's make or break... not much of a bounce.
17  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 13, 2018, 06:53:13 PM
Still buying. Have all the rest of my ammo on buy orders between EUR 2940 and 2800. It's going to the moon from the 200wk moving avg. ...
I know. Just blowing my mouth off.
But...
Sooner or later others will be thinking the same though and then it WILL start going back up again and we wont see this low for years.

Yes. I do think it will go close to 0 some day.... In the mid 2030s
18  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 11, 2018, 09:11:21 PM
Yes, but the question still is WHO. From the sentiment it doesn't look like the buying is coming from retail investors at all. Traders, whales... maybe. Don't really know, thus my question.

Whatevs. Price goes down -> I buy. Mechanically. As always.

Same. I dunno what the fudge everyone is waiting for. I'm buying. I guess I'm all alone with this but I feel completely fomoed... Everytime I see a green candle I get scared... what if my knife catching 10 (retail) buy orders down to EUR2300 will never fill?

I'm calling it... NOW is the time.

19  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 10, 2018, 01:58:39 PM
Now that I have 12 buy orders in all the way down to EUR2100 i guess it's pretty much safe to say that the bottom was in a few days ago.
20  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 08, 2018, 07:14:00 AM
I wonder if and when bitcoin price will surpass the page number on the forum.


Pages: [1] 2 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!