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Question: When New ATH?
Apr. 11 - 2 (4.5%)
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Apr. 13 - 6 (13.6%)
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Apr. 15 - 5 (11.4%)
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Apr. 17 - 4 (9.1%)
After Apr. 17 - 17 (38.6%)
Total Voters: 44

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25253162 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (157 posts by 13 users deleted.)
serveria.com
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May 20, 2019, 12:32:59 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.

Ever heard about LN?
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THE NEXT 2.4 YEARS ARE CRITICAL🍄💊


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May 20, 2019, 12:33:28 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.
That's ok you have your beloved BCASH.
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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.
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May 20, 2019, 12:39:01 PM

A little big of a case for three SBC? Why make a guncase box and not just show the tiny factor off?
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May 20, 2019, 12:45:29 PM

A little big of a case for three SBC? Why make a guncase box and not just show the tiny factor off?

It's a showcase/demo box. Pretty kewl if I do say so myself...

The #BIAB use is unfortunate, since it's already taken: brew in a bag...  Smiley
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yes


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May 20, 2019, 12:49:12 PM

It seems the rally is petering out. Bitcoin never fails to surprise but momentum for this run is diminishing.
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May 20, 2019, 12:58:16 PM

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.


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May 20, 2019, 01:02:05 PM

Yep we're going down. 7750 as I write.
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May 20, 2019, 01:10:50 PM

7600
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May 20, 2019, 01:11:11 PM
Merited by JayJuanGee (1)

It seems the rally is petering out. Bitcoin never fails to surprise but momentum for this run is diminishing.

I think those behind the "big moves" don't want to be very predictable, since they want to avoid front-running purchases by others. If you can predict the moves of the market you can front-run it with leverage and gain big. But that would elevate the big buyers average cost per btc and it's obviously something they do not want. I wouldn't be surprised if the large players cause spikes down/up to liquidate shorts and longs that try to get ahead of the trends.

I wouldn't be surprised either at transferring altcoin money to bitcoin through trend-creations which act as a hook for potential altcoin buyers/traders, which makes people buy altcoins during some rising trends and then dumping on them to get their bitcoins. This mechanism would be something like a secondary source for bitcoins that allows more bitcoins to be acquired without making the btc/usd go through the roof - since bitcoins are taken from btc/altcoin pairs. The side effect is obviously the ascent of bitcoin dominance.
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May 20, 2019, 01:19:53 PM

Bitcoin Price Hits All-Time Highs in These Countries, Thanks to Crippling Fiat Currencies

https://www.ccn.com/bitcoin-price-rockets-all-time-highs-countries-crippling-fiat

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While most traders are focused on bitcoin’s price in dollars, the recent surge has propelled bitcoin to all-time highs in Argentina and Sudan’s local currencies.
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May 20, 2019, 01:21:16 PM

7600

Seemed to bounce off strong support in the high $7500’s.
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May 20, 2019, 01:27:05 PM

yes ~7.7k now
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Still a manic miner


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May 20, 2019, 01:51:53 PM
Merited by Cryptotourist (1)

Bitcoin Price Hits All-Time Highs in These Countries, Thanks to Crippling Fiat Currencies

https://www.ccn.com/bitcoin-price-rockets-all-time-highs-countries-crippling-fiat

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While most traders are focused on bitcoin’s price in dollars, the recent surge has propelled bitcoin to all-time highs in Argentina and Sudan’s local currencies.


hey, greetings from Buenos Aires, Argentina!

let me tell you.. dunno who is buying BTC as that localbitcoin chart shows.. Maybe some investors, but definatly not the regular people.

With our high inflation rates, people is concerned about reaching the end of the month.. buying food and paying bills. That if you are not fired and jobless, as our economy is shrinking.
Most of our population is poor, and they dont care about BTC.

I would love to see mass adoption here, but its not happening now.

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May 20, 2019, 02:05:07 PM

Bitcoin Price Hits All-Time Highs in These Countries, Thanks to Crippling Fiat Currencies

https://www.ccn.com/bitcoin-price-rockets-all-time-highs-countries-crippling-fiat

Quote
While most traders are focused on bitcoin’s price in dollars, the recent surge has propelled bitcoin to all-time highs in Argentina and Sudan’s local currencies.

hey, greetings from Buenos Aires, Argentina!

let me tell you.. dunno who is buying BTC as that localbitcoin chart shows.. Maybe some investors, but definatly not the regular people.

With our high inflation rates, people is concerned about reaching the end of the month.. buying food and paying bills. That if you are not fired and jobless, as our economy is shrinking.
Most of our population is poor, and they dont care about BTC.

I would love to see mass adoption here, but its not happening now.

sounds like England tbh. or anywhere
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May 20, 2019, 02:15:47 PM
Merited by El duderino_ (1)

Lots of selling & people trying to send the price into the 7500’s or lower.

Bitcoin community & traders -

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May 20, 2019, 02:21:21 PM

Yep we're going down. 7750 as I write.
Yeah we're going UP. 7771 as I write
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May 20, 2019, 02:27:17 PM
Last edit: May 20, 2019, 02:38:34 PM by MrFreeRoMan
Merited by El duderino_ (1)

Lots of selling & people trying to send the price into the 7500’s 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

PS:
and perhaps this growth was on expectations, tomorrow we will see
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May 20, 2019, 02:31:51 PM

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May 20, 2019, 02:33:37 PM

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

Let's see how will it take effect, I fairly see and say we will have another delay and whow knows it will not be an ETF anymore rather ETD.
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