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

[cryptjh]

Nearly all inflows in Q1 were into Grayscale Bitcoin Trust (99%). One possible explanation for this is that Bitcoin may have found a “sweet spot” with respect to relative risk and return expectations versus other digital assets.
https://grayscale.co/digital-asset-investment-report-q1-2019/

[Toxic2040]

[realr0ach]

https://grayscale.co/digital-asset-investment-report-q1-2019/

Grayscale is a (((Larry Summers))) affiliated venture.  The evil cult of Judaism member who was attempting to ban physical cash in America - for your own good of course, not because that's what Jewish bankers want.  Now what's on this evil Jew's website?  It's....evil cult of Judaism members telling you...whatever you do, do NOT purchase gold!  HAHA.  Seems like the best endorsement of why you SHOULD buy gold and silver and not touch digital shitcoins I've ever seen.

[hisslyness]

FOMO will be in full force shortly... Just sold my Antminer S9! with 60 views and 4 watchers...

Testing to make sure it still works, so i logged into Slush's pool and found i still have 0.04BTC waiting for me!

Great day!

[El duderino_]

I was the 3th to vote in the poll when it was 50-50

So yes just as r0ach I voted the upper one, I know he automaticly does that.... cause normal its the most bearish one....

ATH here we come!!!!!!!!!!!!

[realr0ach]

Trollgoossens, it doesn't seem strange to you at all that the evil Jew Larry Summers who was attempting to ban physical cash in America so the bankers can have a cashless society slavery system is now trying to trick people into buying Bitcoin and telling them not to buy gold or silver?

[LFC_Bitcoin]

Trollgoossens, it doesn't seem strange to you at all that the evil Jew Larry Summers who was attempting to ban physical cash in America so the bankers can have a cashless society slavery system is now trying to trick people into buying Bitcoin and telling them not to buy gold or silver?

Who cares as long aw we get rich from it?

[realr0ach]

Trollgoossens, it doesn't seem strange to you at all that the evil Jew Larry Summers who was attempting to ban physical cash in America so the bankers can have a cashless society slavery system is now trying to trick people into buying Bitcoin and telling them not to buy gold or silver?

Who cares as long aw we get rich from it?

Standard eternal boomer response.

[El duderino_]

Bitcoin moves up and down as a ladder-pattern. Once again, Bitcoin fastly moves above $8000 after its correction to below $7000 days ago. What's next station for bitcoin during this bull run? I guess that in best scenario, when bitcoin gets enough support and momentum, it might moves up around 20 percent from its current price. That means bitcoin might reach somewhere around $9600 or even higher a little bit. Retest the resistance around $10000, why not?

$8600 is the tipping point of the see saw ... if we break through $8600 we can easily see $10K. If we can't push through $8600 I think a retest of $6000 is looking likely.

Then let us re-try today

[DaRude]

Why would I hate women?  I don't even hate black people or jews.  If a racoon gets into your garbage, you don't hate the raccoon.  Similarly, if one is aware of the predatory nature of the female, or the likelihood of a random colored person to steal your bicycle or try to kill you for no reason, it's pretty much the same thing.  You just recognize the problem, adapt and overcome.

Wait, so by that logic are you saying that we shouldn't hate you either? That we should just accept you for a retarded self hating jewish Nazi who's parents were brother and sister who just got too close to each other one night, and who can't stop parroting that BTC is somehow not decentralized because no girl would touch you? Thus we should just adapt and overcome that by just ignoring you? That's the deepest thing i've ever heard you say roach

[Majormax]

Bitcoin moves up and down as a ladder-pattern. Once again, Bitcoin fastly moves above $8000 after its correction to below $7000 days ago. What's next station for bitcoin during this bull run? I guess that in best scenario, when bitcoin gets enough support and momentum, it might moves up around 20 percent from its current price. That means bitcoin might reach somewhere around $9600 or even higher a little bit. Retest the resistance around $10000, why not?

$8600 is the tipping point of the see saw ... if we break through $8600 we can easily see $10K. If we can't push through $8600 I think a retest of $6000 is looking likely.

My own view is that the recent action has now defined a new and firm trading range  .. $6200 to $8400. The price could range in there for some time. That would be a positive development for longer term consolidation.

[Ipwich]

Bitcoin moves up and down as a ladder-pattern. Once again, Bitcoin fastly moves above $8000 after its correction to below $7000 days ago. What's next station for bitcoin during this bull run? I guess that in best scenario, when bitcoin gets enough support and momentum, it might moves up around 20 percent from its current price. That means bitcoin might reach somewhere around $9600 or even higher a little bit. Retest the resistance around $10000, why not?

$8600 is the tipping point of the see saw ... if we break through $8600 we can easily see $10K. If we can't push through $8600 I think a retest of $6000 is looking likely.

Then let us re-try today

We will and we shall see. It's hard mission but once we succeeded, this might bring us to the moon.

According to this guy - https://twitter.com/fundstrat/status/1127368266496630784, FOMO will start at $10,000.

[Wexlike]

Why would I hate women?  I don't even hate black people or jews.  If a racoon gets into your garbage, you don't hate the raccoon.  Similarly, if one is aware of the predatory nature of the female, or the likelihood of a random colored person to steal your bicycle or try to kill you for no reason, it's pretty much the same thing.  You just recognize the problem, adapt and overcome.

Wait, so by that logic are you saying that we shouldn't hate you either? That we should just accept you for a retarded self hating jewish Nazi who's parents were brother and sister who just got too close to each other one night, and who can't stop parroting that BTC is somehow not decentralized because no girl would touch you? Thus we should just adapt and overcome that by just ignoring you? That's the deepest thing i've ever heard you say roach

This just made my day xD

[HairyMaclairy]

A scorpion asks a frog to carry it across a river. The frog hesitates, afraid of being stung by the scorpion, but the scorpion argues that if it did that, they would both drown. The frog considers this argument sensible and agrees to transport the scorpion. The scorpion climbs onto the frog's back and the frog begins to swim, but midway across the river, the scorpion stings the frog, dooming them both. The dying frog asks the scorpion why it stung the frog, to which the scorpion replies "I couldn't help it. It's in my nature."

[VB1001]

The next wave isn't your grandma. It's institutions and pension funds.
The wave after that also isn't your grandma. It's central banks and governments.
I don't think old people will ever enter Bitcoin en masse.

https://twitter.com/jimmysong/status/1130298125388832768

So is.

[realr0ach]

The release of Facebook coin from Mark Suckaberg will probably be the beginning of all the dystopian features of craptocurrency.  They'll do stuff like pass legislation where it's illegal to have a wallet receive address that isn't tied to your ID or biometric data (i.e. ones run by the big tech monopolies like Google and Facebook hosting them).  Then the whole thing is Paypal 2.0.  

https://www.zerohedge.com/news/2019-05-19/facebook-registers-new-fintech-firm-switzerland

I sort of enjoy the fact that there's no way possible for craptocurrencies to avoid complete govt control (unlike metals), so it's 100% inevitable the govt will turn them into an Orwellian nightmare.  Then nobody will willingly use them and I'll no longer have to hear herds of morons try to claim imaginary, valueless, digital shitcoins are somehow better than metals when they're complete garbage.

[NeuroticFish]

Who cares as long aw we get rich from it?

So all you want is to die happy that your kids can enjoy your riches?
I'd prefer to enjoy myself an easy life, the longer the better. So for me it matters "how long". Can you blame me?

[rhomelmabini]

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?

[gentlemand]

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?

No one gives a shit about ETFs at present and no one's hanging on any decision. None of this price action has anything to do with that. At this point denials are inevitable. They'll come and go with barely a squeak. That's old hat.

An approval will be many years away, if ever.

[Last of the V8s]

Longs v shorts is a pretty blunt metric.
You need to know the usd value of said positions and where they came in.
You also need to know the flash funding rates, which really drives the price on Bitfinex.
eg rn people earning a lot of usd by lending...