Bitcoin Forum
September 27, 2020, 01:43:49 AM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: 9/19 Closing Price:
0 - 1 (1.6%)
<$10,000 - 3 (4.8%)
$10,000-$10,500 - 2 (3.2%)
$10,501-$11,000 - 13 (20.6%)
$11,001-$11,500 - 19 (30.2%)
$11,501-$12,000 - 8 (12.7%)
$12,001-$12,500 - 7 (11.1%)
$12,501-$13,000 - 2 (3.2%)
>$13,000 - 3 (4.8%)
>$20,000 - 5 (7.9%)
Total Voters: 63

Pages: « 1 ... 24594 24595 24596 24597 24598 24599 24600 24601 24602 24603 24604 24605 24606 24607 24608 24609 24610 24611 24612 24613 24614 24615 24616 24617 24618 24619 24620 24621 24622 24623 24624 24625 24626 24627 24628 24629 24630 24631 24632 24633 24634 24635 24636 24637 24638 24639 24640 24641 24642 24643 [24644] 24645 24646 24647 24648 24649 24650 24651 24652 24653 24654 24655 24656 24657 24658 24659 24660 24661 24662 24663 24664 24665 24666 24667 24668 24669 24670 24671 24672 24673 24674 24675 24676 24677 24678 24679 24680 24681 24682 24683 24684 24685 24686 24687 24688 24689 24690 24691 24692 24693 24694 ... 27302 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 22592424 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. (148 posts by 37 users deleted.)
Bitcoinaire
Sr. Member
****
Offline Offline

Activity: 684
Merit: 431



View Profile
August 16, 2019, 02:19:09 AM

It's only a matter of time. Big time money is flowing in, under the radar!

Quote
Whether institutions were going to adopt crypto or not was an open question about 12 months ago. I think it's safe to say we now know the answer. We're seeing $200-400M a week in new crypto deposits come in from institutional customers.

https://twitter.com/brian_armstrong/status/1162185049699057664
1601171029
Hero Member
*
Offline Offline

Posts: 1601171029

View Profile Personal Message (Offline)

Ignore
1601171029
Reply with quote  #2

1601171029
Report to moderator
1601171029
Hero Member
*
Offline Offline

Posts: 1601171029

View Profile Personal Message (Offline)

Ignore
1601171029
Reply with quote  #2

1601171029
Report to moderator
1601171029
Hero Member
*
Offline Offline

Posts: 1601171029

View Profile Personal Message (Offline)

Ignore
1601171029
Reply with quote  #2

1601171029
Report to moderator
"Bitcoin: mining our own business since 2009" -- Pieter Wuille
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1218
Merit: 1962


Degenerate bull hatter & Bitcoin monotheist


View Profile
August 16, 2019, 02:27:22 AM

It's only a matter of time. Big time money is flowing in, under the radar!

Quote
Whether institutions were going to adopt crypto or not was an open question about 12 months ago. I think it's safe to say we now know the answer. We're seeing $200-400M a week in new crypto deposits come in from institutional customers.

https://twitter.com/brian_armstrong/status/1162185049699057664

I would love this to be true but Brian Armstrong is completely full of shit
Bitcoinaire
Sr. Member
****
Offline Offline

Activity: 684
Merit: 431



View Profile
August 16, 2019, 02:28:46 AM

It's only a matter of time. Big time money is flowing in, under the radar!

Quote
Whether institutions were going to adopt crypto or not was an open question about 12 months ago. I think it's safe to say we now know the answer. We're seeing $200-400M a week in new crypto deposits come in from institutional customers.

https://twitter.com/brian_armstrong/status/1162185049699057664

I would love this to be true but Brian Armstrong is completely full of shit

As bad as novogratz?
Icygreen
Legendary
*
Offline Offline

Activity: 1204
Merit: 1029



View Profile
August 16, 2019, 02:39:48 AM

Hopefully Armstrong was just late to the party delivering bullish news  and we've seen the bottom. J. Dimon took this one again it appears.
Ah, whatever.. Happy to see even lower prices if need be but I'm not sure I'll get the chance. Sold nothing, solid 100% HODL
bkbirge
Sr. Member
****
Offline Offline

Activity: 910
Merit: 437



View Profile
August 16, 2019, 02:40:16 AM

I am throwing up in my mouth a little after reading all these theoretical suggestions on how to suppress dissent.

Our entire much-praised technological progress, and civilization generally, could be compared to an axe in the hand of a pathological criminal. - Albert Einstein

and even more chilling...
People will come to love their oppression, to adore the technologies that undo their capacities to think. - Aldous Huxley
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1218
Merit: 1962


Degenerate bull hatter & Bitcoin monotheist


View Profile
August 16, 2019, 02:47:11 AM
Merited by Icygreen (1)

It's only a matter of time. Big time money is flowing in, under the radar!

Quote
Whether institutions were going to adopt crypto or not was an open question about 12 months ago. I think it's safe to say we now know the answer. We're seeing $200-400M a week in new crypto deposits come in from institutional customers.

https://twitter.com/brian_armstrong/status/1162185049699057664

I would love this to be true but Brian Armstrong is completely full of shit

As bad as novogratz?

There are 1800 Bitcoins mined per day.  1800 x 7 x 10,000 = US$126 million per week in supply.

That means for the Bitcoin price to stabilize around US$10k, global net inflows have to be around US$126 million in all categories, for both institutional and retail in every market around the world.  

There just isn’t room for US based institutional investors to spend US$200 - $400 million per week without significantly pushing up the price, unless whales are dumping.  Whales aren’t stupid - they know the halvening is coming. And we know Bitmain’s pockets are empty.

So Brian is probably exaggerating by a factor of ten.  In fact, they may not have any institutional investment at all given their cowboy history of insider trading.
nanobtc
Full Member
***
Offline Offline

Activity: 415
Merit: 188



View Profile WWW
August 16, 2019, 03:13:22 AM
Merited by xhomerx10 (1), infofront (1)

Hi all, I am a full month behind on btc-talk (I am so ashamed, I had been doing it constantly for years). Technical difficulties in the local LAN thing.Practical difficulties in the life thing.

More about me:

I quit my job.
Got a better one. (it turns out, the new job is with a company from 1911, it has BLOCKCHAIN as a buzzword. hmm, I have heard of that one)

My parents are really old, and need help.
I am clearing out decades of crap (er, I mean, SOLID GOLD, VALUABLE/RARE TREASURES)

I quit playing live music to help my parents. I clocked 450 4 hours gigs, in 6 years.

It will take several more months to get shit re-arranged. Miss you all (even JJG. Sort of).

I am a million/billion pages behind, it will take me months to catch up here.

jojo69
Legendary
*
Offline Offline

Activity: 1890
Merit: 2535


no FOMO


View Profile
August 16, 2019, 03:29:31 AM
Merited by xhomerx10 (1)

Nanobtc

You are a good son.

You are absolved of your WO obligations.

Go in peace.
cAPSLOCK
Legendary
*
Online Online

Activity: 2688
Merit: 1796


Holding my Breath


View Profile
August 16, 2019, 03:30:45 AM
Last edit: August 16, 2019, 06:28:07 PM by cAPSLOCK

It's only a matter of time. Big time money is flowing in, under the radar!

Quote
Whether institutions were going to adopt crypto or not was an open question about 12 months ago. I think it's safe to say we now know the answer. We're seeing $200-400M a week in new crypto deposits come in from institutional customers.

https://twitter.com/brian_armstrong/status/1162185049699057664

I would love this to be true but Brian Armstrong is completely full of shit

As bad as novogratz?

There are 1800 Bitcoins mined per day.  1800 x 7 x 10,000 = US$126 million per week in supply.

That means for the Bitcoin price to stabilize around US$10k, global net inflows have to be around US$126 million in all categories, for both institutional and retail in every market around the world.  

There just isn’t room for US based institutional investors to spend US$200 - $400 million per week without significantly pushing up the price, unless whales are dumping.  Whales aren’t stupid - they know the halvening is coming. And we know Bitmain’s pockets are empty.

So Brian is probably exaggerating by a factor of ten.  In fact, they may not have any institutional investment at all given their cowboy history of insider trading.

Armstrong... Xxxx him. I can't remember the last time he said the word "bitcoin". And I'm not a purist maximalist. But maybe some of the 400mm inflow is buying whatever those alphabet soup shitcoins  he keeps adding are.  That Xxxhole is not helping " crypto " much less bitcoin.
Hueristic
Legendary
*
Offline Offline

Activity: 2492
Merit: 1716


Doomed to see the future and unable to prevent it


View Profile
August 16, 2019, 04:21:16 AM


That was a long read - but it seems pretty to take a pretty reasonable approach.  They ain't gonna ban a thing, and Bitcoin and similar crypto currencies are not going to be regulated at all in themselves.

Nice spot, Globb0!

Cool, you answered my question before i could post it. Smiley

Quote from: Unposted


Accusations against GE:
https://www.cnbc.com/2019/08/15/heres-the-full-report-calling-ge-a-bigger-fraud-than-enron.html

Wow, it used to be such an icon until about 2000.


I was a senior hardware engineer there in 96, got out just in time i guess. Cheesy


VB1001
Hero Member
*****
Offline Offline

Activity: 728
Merit: 2258


<<CypherPunkCat>>


View Profile WWW
August 16, 2019, 04:47:43 AM

Crypto Exchange Coinbase Acquires Xapo’s Institutional Custody Business

Quote
Cryptocurrency exchange Coinbase has acquired the institutional business of cryptocurrency wallet and custody service provider Xapo.

Coinbase said in an announcement on Thursday that the deal will help expand its custody business and will increase its assets under custody to be more than $7 billion.

According to a Fortune report on Thursday, Coinbase acquired Xapo’s institutional business for $55 million after beating another strong contender, the investment giant Fidelity.

https://www.coindesk.com/crypto-exchange-coinbase-acquires-xapos-institutional-custody-business

Good morning, nice, we are back above 10,000.
Lambie Slayer
Hero Member
*****
Offline Offline

Activity: 644
Merit: 604



View Profile
August 16, 2019, 05:27:01 AM

We didnt get the kind of volume I was looking for yesterday in the relief rally for me to believe in it.

Expecting more down till I see a shitload of buyers(bargain boyz Smiley) stepping up to the plate.

via Imgflip Meme Generator

 I dont know if the ponzi boyz are really dumping, but people dont seem really eager to buy corn when it dips sub 10k. I think 8k's will do the trick.

Also google trends getting back to april levels doesnt get me excited.

https://trends.google.com/trends/explore?geo=US&q=bitcoin

VB1001
Hero Member
*****
Offline Offline

Activity: 728
Merit: 2258


<<CypherPunkCat>>


View Profile WWW
August 16, 2019, 05:27:12 AM

If the journalists are told to leave Hong Kong....




The challenge for the CCP is everyone is a journalist nowadays...

That is an illusion.  There are a finite number of fiber optic trunklines and uplink radios out of the island.  Nobody does HF radio any more, so no, civilians have the illusion of being connected when all they are connected to is a centralized system.

In HF only radio amateurs remain.
fillippone
Hero Member
*****
Offline Offline

Activity: 840
Merit: 4118


Merit Rascal


View Profile
August 16, 2019, 05:27:30 AM

It's only a matter of time. Big time money is flowing in, under the radar!

Quote
Whether institutions were going to adopt crypto or not was an open question about 12 months ago. I think it's safe to say we now know the answer. We're seeing $200-400M a week in new crypto deposits come in from institutional customers.

https://twitter.com/brian_armstrong/status/1162185049699057664

I would love this to be true but Brian Armstrong is completely full of shit

As bad as novogratz?

There are 1800 Bitcoins mined per day.  1800 x 7 x 10,000 = US$126 million per week in supply.

That means for the Bitcoin price to stabilize around US$10k, global net inflows have to be around US$126 million in all categories, for both institutional and retail in every market around the world.  

There just isn’t room for US based institutional investors to spend US$200 - $400 million per week without significantly pushing up the price, unless whales are dumping.  Whales aren’t stupid - they know the halvening is coming. And we know Bitmain’s pockets are empty.

So Brian is probably exaggerating by a factor of ten.  In fact, they may not have any institutional investment at all given their cowboy history of insider trading.

He might be exaggerating for sure but:
1.Cash app is buying bitcoin like crazy, look my last monthly recap for this. It is already a good percentage of newly mined bitcoins.
2. Grayscale is buying too: quote premium over NAV is embarrassing. Institutional money is desperate to get exposure to bitcoin.
3.Yes halvening is coming and those buying stats are going to double overnight as a %age of mined bitcoins.
Lambie Slayer
Hero Member
*****
Offline Offline

Activity: 644
Merit: 604



View Profile
August 16, 2019, 05:29:20 AM

I want to smoke Armstrongs hopium but I dont trust the Shitcoiner in Chief.
VB1001
Hero Member
*****
Offline Offline

Activity: 728
Merit: 2258


<<CypherPunkCat>>


View Profile WWW
August 16, 2019, 05:32:18 AM


https://twitter.com/Poloniex/status/1162061407858417664

 Cool
hv_
Hero Member
*****
Offline Offline

Activity: 1694
Merit: 607

Clean Code and Scale


View Profile WWW
August 16, 2019, 05:46:43 AM


Clean original BitCoin not affected ...

 Grin
Saint-loup
Legendary
*
Offline Offline

Activity: 1288
Merit: 1212


C.D.P.E.M


View Profile
August 16, 2019, 05:48:45 AM

Good morning, nice, we are back above 10,000.
Good morning... but now we are back below unfortunately  Undecided
VB1001
Hero Member
*****
Offline Offline

Activity: 728
Merit: 2258


<<CypherPunkCat>>


View Profile WWW
August 16, 2019, 05:55:32 AM

^
Yes, it repeats just like yesterday...
mindrust
Legendary
*
Offline Offline

Activity: 1932
Merit: 2082



View Profile
August 16, 2019, 06:04:12 AM

Bad news.

After yesterday's green everything is awesome candle, we got the red candle again, at least for now. Looks like it is going to test that 9.2-9.3k.



I'll buy some serious amounts if this goes below $8k. and I don't mean small potatoes like $100.
Pages: « 1 ... 24594 24595 24596 24597 24598 24599 24600 24601 24602 24603 24604 24605 24606 24607 24608 24609 24610 24611 24612 24613 24614 24615 24616 24617 24618 24619 24620 24621 24622 24623 24624 24625 24626 24627 24628 24629 24630 24631 24632 24633 24634 24635 24636 24637 24638 24639 24640 24641 24642 24643 [24644] 24645 24646 24647 24648 24649 24650 24651 24652 24653 24654 24655 24656 24657 24658 24659 24660 24661 24662 24663 24664 24665 24666 24667 24668 24669 24670 24671 24672 24673 24674 24675 24676 24677 24678 24679 24680 24681 24682 24683 24684 24685 24686 24687 24688 24689 24690 24691 24692 24693 24694 ... 27302 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!