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

[J3VVL]

,,,  Bitcoin has no central bankers so the money supply is determined by day traders. ,,,,

only central hodlers !

[1715066564]

1715066564

[1715066564]

1715066564

[1715066564]

1715066564

[J3VVL]

If entity wanted to buy 50kBTC how much would it cost with slippage? Can you trust any exchange with $19MM? Here you're guaranteed clean BTC directly from the US gov. Gotta pay some premium for that

i'd argue the exact opposite :   provably dirty  !!!

[cexylikepie]

i think the price will increase after the auction. im pretty sure the us government isnt going to scam any investors in bitcoin.

[jaberwock]

i think the price will increase after the auction. im pretty sure the us government isnt going to scam any investors in bitcoin.

I guess the main concern is the buyer dumping everything on exchanges, what would make no sense at all, in my opinion

[criptix]

what a deja vu, the same questions and discussions like back in june  

[podyx]

I am sensing a mini rally sneakin up

[dreamspark]

what a deja vu, the same questions and discussions like back in june  

Indeed, you could literally go back to this thread in June and all speculation regarding what will happen pre and post auction is there. Its like groundhog day 

[itod]

what a deja vu, the same questions and discussions like back in june  

Indeed, you could literally go back to this thread in June and all speculation regarding what will happen pre and post auction is there. Its like groundhog day 

Sad part is that events will unfold in the same groundhog day style, as the discussion is repeating.

[NotLambchop]

I am sensing a mini rally sneakin up

You've been repeating this non-stop for how long now?  Fair enough, I'll follow suit

Honest, this time will be different!

Willing to keep posting the same gif as long as you investment enthusiasts keep falling for the same gag

[ChartBuddy]

Explanation

[grappa_barricata]

This place need some stimuli! Look at that nice masonry work!

[SnokkomBTC]

This place need some stimuli! Look at that nice masonry work!

[jonoiv]

This place need some stimuli! Look at that nice masonry work!

Don't let Fatman3001 see you, he won't be happy

[billyjoeallen]

There seems to be an uncoupling between bfx and stamp. a person with accounts at both exchanges could do a compression trade (selling on BFX and buying on stamp), betting that eventually they will converge again.

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[lyth0s]

http://buttercoinmarketupdate.posthaven.com/bitcoin-difficulty-suggests-rally

good analysis

For some reason I don't understand how he derived less difficulty climb with hoarding of bitcoins by miners. Anyone able to shine some light on how that association is made? If he is saying that less mining power growth means miners aren't selling their coins for more equipment that argument would not be valid due to the possibility of miners selling coins and just not re-buying new miners.

In addition to directly less selling pressure, there are circular effects which are bullish on price.  For example, miners are more likely to sell when they think other miners are also selling so as to get in front of each other and not to get stuck with a worse price and possibly become unable to continue with operations due to constant operating expenses.  Miners are more likely to hoard when they believe other miners are hoarding.  In other words, all else equal (e.g. consumer adoption growth), a steeper difficulty climb implies more selling by miners and a flatter difficulty climb implies more hoarding by miners.

[ChartBuddy]

Explanation

[coinableS]

Last 3 out of 4 posts were from ChartBuddy.  It's officially dead in here.

[explorer]

Last 3 out of 4 posts were from ChartBuddy.  It's officially dead in here.

Then allow me to boost the page count with this, my first heroic post