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141  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 30, 2019, 02:00:10 PM
A good read of how things may unfold.

https://offthechain.substack.com/p/the-perfect-storm-for-bitcoin-is
142  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 29, 2019, 01:32:17 PM
It really puts it in perspective how far we've come from the lows in December. Buy the dips!

Quote
$BTC is up 180% off the 4-Year Cycle Low. Took 5 months, with relatively little attention/fanfare.

To reach all time highs, it needs just a 122% move from here.
https://twitter.com/BobLoukas/status/1133720495273238528
143  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 29, 2019, 12:23:44 AM
This chart has some great info!


$BTC: Still waiting on that 30%+ pullback?
Bitcoin had eight 30%+ pullbacks last market uptrend but the average time between each pullback was 98 days
BTC had a serious 26.3% pullback on May 17th, which means the next major retrace could be a couple months away



https://twitter.com/Josh_Rager/status/1133371092175863808
144  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 28, 2019, 08:59:15 PM
I think monero will rise more than the other big cap names.

Quote
The higher #Bitcoin rallies, the stronger the Altcoin pumps will be

$BTC has rallied over 180% since its bottom in mid-December 2018

On average, most $ALTS have only pumped ~30%

This discrepancy isn't going to last for long
19 replies 52 retweets 334 likes

https://twitter.com/rektcapital/status/1133398109344677888
145  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 23, 2019, 01:45:49 PM
Trying to understand the hyperwave logic here.


https://twitter.com/thecryptomonk/status/1127687707721965569
146  Economy / Speculation / Re: GBTC Bitcoin Investment Trust Observer on: May 22, 2019, 10:21:32 PM
Anum is legit. Also, have you looked at BitcoinIRA?

Amun has crap volume though (unless I am looking at the wrong site). Many days they have 0 shares traded and they seem to have at most 5k shares (so like $100k-$200k n volume) on other days.

Bitcoin IRA uses a self-directed LLC setup right? Not too comfortable with those for the reasons I outlined above. I don't trust this setup as there are too many rules that I am sure the IRS will have a field day over once BTC is worth enough. An example from Broad Financial:

"Do not apply for overdraft protection or for a line of credit for your account...  by doing so, you will be issuing a personal guarantee on behalf of your solo 401(k) Plan/Trust which is a Prohibited Transaction."

Really stupid rules like that. Most banks automatically apply this, especially if you already have other accounts at the bank.


Bitcoin IRA is not a self directed LLC setup.
147  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 19, 2019, 08:50:04 PM
current quarter ranks as the 2nd highest quarterly gain since 2014 and the 7th highest quarterly gain all-time


https://twitter.com/CarpeNoctom/status/1130210275469266944
148  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 17, 2019, 03:10:01 AM
Price is down, I'm still drinking and dreaming....







Edit: Up $700 from the low already, wooooooooooooo!
149  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 16, 2019, 12:44:07 AM
Hopefully the exchanges are ready for the herd of newcomers that are stampeding towards bitcoin (crypto). Things are really stratin' to cook here!

Edit: My conspiracy theory is that they closed down all new registrations in 2018 to artificially choke off that bubble before the institutions/central banks were ready.
150  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 15, 2019, 01:17:53 PM
Trading just went live on binance.
151  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 14, 2019, 10:35:21 PM
When institutional money and central banks begin to FOMO, watch out.
152  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 14, 2019, 01:10:20 AM

I remember his BTC call of $80 back in 2014, waaay off but his LTC call in early 2017 was absolutely spot-on. His musings are generally interesting. Anyway, his current call is so fantastical that I'd believe when I see it.

His most likely scenario is:

Quote
So the $78k could be the second peak and after the halving and there would be no dip after $150k and instead the moonshot would be all the way from ~$30k to $500+K at the end of 2020.
153  Economy / Speculation / Re: GBTC Bitcoin Investment Trust Observer on: May 13, 2019, 08:21:28 PM
Big day for GBTC, volume exceeded $141,000,000 today.

Up nearly %19 at 10.21.
154  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 13, 2019, 02:51:34 PM
Shit's just really bullish rn.
155  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 12, 2019, 04:22:09 AM
156  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 11, 2019, 03:47:54 AM
This is starting to feel like the Fall (Autumn) of 2016.

That is all.

Edit: Maybe it's the Coors light.....
157  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: May 10, 2019, 07:49:46 PM
Alts, including monero, have been utterly crushed. But they'll be back, at least monero will be!
158  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2019, 07:51:31 PM
In 2016 when bitfinex got hacked we dropped at least 20%. This price action looks uber bullish.
159  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2019, 12:21:59 AM
Quote
We estimate this will take about ONE WEEK. We will post updates frequently as we progress.

Most importantly, deposits and withdrawals will need to REMAIN SUSPENDED during this period of time. We beg for your understanding in this difficult situation.

https://binance.zendesk.com/hc/en-us/articles/360028031711
160  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2019, 12:02:38 AM
This could be a good buying opportunity.
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