|
1262
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: May 12, 2019, 09:51:25 AM
|
It's so nice to go out for a walk on a beautifully sunny Sunday morning, and to come back home and see that your BTC is worth more that you left it...
A two-hour walk earned me 4 months worth of salary money...
Go Bitcoin, go!
That's how billionaires earn their fortunes. Only poor people earn their money with sweat blood and hard work. BTC will make you rich while you're chillin on a yacht with hot models... Dude, this is HARD WORK too! Have the past months of suffering and sweating blood suddenly vanished from your memory? I am still in shock and no amount of money will ever compensate for... Ok, $100K/BTC would do. |
|
|
|
|
1264
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: May 12, 2019, 01:56:30 AM
|
7300$  Any predictions where the price will stop growing?  Investors will fall to the FOMO soon. No, but a pullback to 6200 would be very likely in the medium term, in order to test support. That gives a 15% edge from here, to increase a traders stash. Of course could go higher than $7300, but the low 6k's will need a test of some kind, sometime. A quick look at the chart shows how much work was done with 6k as a base. This run is in a very short timeframe. Thanks for the clear explanation. So in the short term, we will go back to the $6300 again? Most are missing a point. Remember, there was almost no test of support in 2017 bull run. If we're in a serious bull run (powered by some nice events like ETF approval), forget the corrections. What do you mean? Just look at the charts, there were a bunch of 30%+ corrections all along the way. |
|
|
|
|
1265
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: May 12, 2019, 01:17:10 AM
|
If even we have gotten surprised by the strenght of this rally I can't even dare to think in which state of negation the shorters must be now.
Need update. Are you coming close to uncapitulation? Yup. it's done.  I think we are due for a short term correction though... but that's just healthy consolidation. Will buy the dip. |
|
|
|
|
1266
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: May 11, 2019, 11:26:03 PM
|
Institutions prefer to buy direct from miners due to anti-money laundering / tainted coins concerns. A 10% premium for freshly minted coins is apparently not uncommon.
That limits the amount of coins available for sale to institutions
That makes sense. A lot. Nope. This can only be caused by triggered stop loss orders. Large institutional stop loss orders! They have managed to depress price for one year by creating additional bitcoin "liquidity" to "tame bitcoin". Now those fools are paying for their stupid games. Triggering stop losses is obviously the multiplication factor... but someone had to start pushing upwards and keep buying to trigger them in first instance. Maybe just a combination of factors.... |
|
|
|
|
1268
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: May 11, 2019, 11:01:53 PM
|
But why would they go and buy from an exchange?
Something is cooking, for sure... but donno what.
Instant and guaranteed coins 24/7? OTC won't exactly spring into action at midnight on a Saturday. They're all out ruining their septums. Yes but.... I would think institutional investors would go directly to the big hodlers (10.000-100.000BTC) to buy directly from them.... Not go and buy from exchanges in the middle of a fucking weekend to crazily pump the price. Maybe the big holders don’t want to sell Yeah, it could also be a possibility that after months trying to negotiate with them with no success they had to resort to exchanges.... who knows... Anyway.... this has been already one of the longer rallys with no significant correction. It's starting to get scary in the short term. Absolutely nice in the medium/long term. |
|
|
|
|
1269
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: May 11, 2019, 10:50:15 PM
|
But why would they go and buy from an exchange?
Something is cooking, for sure... but donno what.
Instant and guaranteed coins 24/7? OTC won't exactly spring into action at midnight on a Saturday. They're all out ruining their septums. Yes but.... I would think institutional investors would go directly to the big hodlers (10.000-100.000BTC) to buy directly from them.... Not go and buy from exchanges in the middle of a fucking weekend to crazily pump the price. Are big hodlers really going to sell now ? edit : Maybe yes, if they want to increase their stash by trading. Selling an exponential rise is the only way to do that (and get back in when prices settle down) I am speculating that some of the HUGE holders could be interested in taking the opportunity to diversify part of their huge stash already. Maybe I am wrong. |
|
|
|
|
1270
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: May 11, 2019, 10:42:10 PM
|
But why would they go and buy from an exchange?
Something is cooking, for sure... but donno what.
Instant and guaranteed coins 24/7? OTC won't exactly spring into action at midnight on a Saturday. They're all out ruining their septums. Yes but.... I would think institutional investors would go directly to the big hodlers (10.000-100.000BTC) to buy directly from them.... Not go and buy from exchanges in the middle of a fucking weekend to crazily pump the price. |
|
|
|
|
1276
|
Economy / Speculation / Re: *Q2-BTC-PRCE PREDICTION-GAME* Q2 LIST GAME
|
on: May 11, 2019, 06:04:41 PM
|
$6900
Reason being I am now betting on my most optimistic case here, where the bear market has already ended and the price has really broken through last big resistance and starts to consolidate above it.
THanks Mic!!
^ ... and I really thought I was being optimistic there... Go figure. |
|
|
|
|
1277
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: May 11, 2019, 02:17:20 PM
|
last bitfinex / bitstamp spread update:  someone please promote me to a senior member on this beautiful day  Welcome news. But I think this is related to the activation of Liquid at bitfinex: https://www.bitfinex.com/posts/361If you can efficently move your Bitcins around echanges now every arbitrage opportunity narrows considerably. So Liquid might be the reason for this decline in spread. Except to arbitrage you not only need to be able to move the Bitcoins but real banking FIAT.... Maybe it is Bitfinex themselves taking advantage of the spread to sell from their Bitcoin reserves at this reasonably good prices to fill the hole they had? |
|
|
|
|
Show Posts
