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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26966632 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. (174 posts by 1 users with 9 merit deleted.)
hisslyness
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January 08, 2024, 01:27:13 PM

Currently working on a project for a client of mine, payment processing related. When we talk about factions of a percentage, it really sounds so minuscule.

However, just 0.22% is enough to shelve the project and stick with what is working now.

Why, because when you bring it back to "in-cash" terms, you are a looking at a difference of over $220,000.00

So when we see these ETF fees, just remember they are skimming potentially $300,000,000.00 every year! ($100B Bitcoin ETF)
Suzume
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January 08, 2024, 01:43:46 PM

Something's happening...

Pump in progress!  Cheesy

$45k touched.

We don't want $45k touched, we want $45k raped ripped  Grin Cool

EDIT: Grayscale fees  Cheesy Tongue


 We successful ripped Btc again it $45K      Grin Cool

 
xhomerx10
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January 08, 2024, 01:55:32 PM
Merited by hisslyness (2), JayJuanGee (1), bitebits (1)

Something's happening...

Pump in progress!  Cheesy

$45k touched.

We don't want $45k touched, we want $45k raped ripped  Grin Cool

EDIT: Grayscale fees  Cheesy Tongue

I have a couple of shares of The Bitcoin Fund (3iQ) ticker symbol QBTC on the TSX where management fees are %1.95.  Maybe this will push them to lower the fees.  Initially, they were %2.5 and my first though was how half of the held bitcoin would be eaten up by fees in 20 years but since they were TFSA eligible, I figured I'd be saving the taxes I would have had to pay on the profits and the TFSA doesn't allow for bitcoin self-custody (yet).   Also, there are no comparable assets to bitcoin and I don't want to be that bitebits guy rolling in fiat reserves from his McDonalds gig Tongue
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January 08, 2024, 02:01:16 PM


Explanation
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January 08, 2024, 03:01:19 PM


Explanation
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cygan
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January 08, 2024, 03:20:50 PM

@BitcoinBunny please check your pm's... Grin
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January 08, 2024, 03:26:51 PM
Merited by xhomerx10 (1)

Got a little ahead of myself with cygan's cap and forgot about the rollercoaster guy.  He's had more free mods than Jimbo now! Smiley

 

avatar-sized

 


Very cool one @homer
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January 08, 2024, 03:46:49 PM

Ex-SEC Chairman says

Spot Bitcoin ETF approval is inevitable.
There is nothing left to decide.



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January 08, 2024, 04:01:15 PM


Explanation
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January 08, 2024, 05:01:16 PM


Explanation
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January 08, 2024, 05:08:35 PM
Merited by JayJuanGee (1), Paashaas (1)

For some it may look bearish, for others bullish, but I think this is unusually realistic prediction, provided there won't be a black swan event.

Mike Alfred
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Standard Chartered just put out a note saying that we could see $50-100B of spot Bitcoin ETF inflows in 2024 and a BTC price of $200,000 by the end of 2025. This is a big traditional bank, folks. The whole world is about to wake up on this.



https://twitter.com/mikealfred/status/1744381807091490836
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January 08, 2024, 05:24:21 PM

Bitcoin ETF is coming
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January 08, 2024, 05:26:32 PM
Last edit: January 08, 2024, 05:43:03 PM by AirtelBuzz

For some it may look bearish, for others bullish, but I think this is unusually realistic prediction, provided there won't be a black swan event.

Mike Alfred
@mikealfred
Standard Chartered just put out a note saying that we could see $50-100B of spot Bitcoin ETF inflows in 2024 and a BTC price of $200,000 by the end of 2025. This is a big traditional bank, folks. The whole world is about to wake up on this.



https://twitter.com/mikealfred/status/1744381807091490836

BTC ETFs, BTC halving, FASB changes and election year fiat money printing

BTC $200K is probably not bullish enough 🫣


🥴🥱

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January 08, 2024, 05:27:33 PM

Hope to be wrong, but with how hyper bullish the media is being (as well as the shill/trolls in this very WO thread) about the "inevitable" and "sure thing" Bitcoin ETF approvals this week...

....I'm sensing a sell-the-news head fake coming.   Undecided

I mean god forbid that it's all priced in already. They never do that, riiiight?   Roll Eyes
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January 08, 2024, 05:44:06 PM
Merited by JayJuanGee (1)

Hope to be wrong, but with how hyper bullish the media is being (as well as the shill/trolls in this very WO thread) about the "inevitable" and "sure thing" Bitcoin ETF approvals this week...

....I'm sensing a sell-the-news head fake coming.   Undecided

I mean god forbid that it's all priced in already. They never do that, riiiight?   Roll Eyes

We will see, but we might not care so much about what King Daddy gon' do.
We never do that, riiight?  Cool

EDIT:
In other words: Short term is just noise.

For some it may look bearish, for others bullish, but I think this is unusually realistic prediction, provided there won't be a black swan event.

Mike Alfred
@mikealfred
Standard Chartered just put out a note saying that we could see $50-100B of spot Bitcoin ETF inflows in 2024 and a BTC price of $200,000 by the end of 2025. This is a big traditional bank, folks. The whole world is about to wake up on this.
...

Alfred, the Permabull you can count on to be bullish. Every. fucking. post.
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January 08, 2024, 05:52:36 PM
Merited by Hueristic (1), JayJuanGee (1)

The whole world is about to wake up on this.

Funny thing is when reading comment section in media news outlets articles about Bitcoin the narrative changed from Bitcoin is a ''scam/ponzi'' to ''i am to late'', ''the ship has sailed'' philosophy.

N00bs will definitely suffer from a tremendous life regretting mindfuck.
LFC_Bitcoin
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January 08, 2024, 05:52:48 PM
Merited by JayJuanGee (1), Paashaas (1), AlcoHoDL (1)

There is going to be an absolute tsunami of capital flowing into BTC once we FINALLY get Spot ETF approvals.
We’ve been trying to get these through for years and it looks like Gary had no choice but to bend a knee to King Daddy BTC.

Buckle up boys, we are going to the moon before 2025 ends. I was thinking $180,000 - $250,000 would be thus cycle high but now I think that looks conservative.

Excited to see the reaction once we finally get approvals.
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January 08, 2024, 05:56:50 PM

There is going to be an absolute tsunami of capital flowing into BTC once we FINALLY get Spot ETF approvals.
We’ve been trying to get these through for years and it looks like Gary had no choice but to bend a knee to King Daddy BTC.

Buckle up boys, we are going to the moon before 2025 ends. I was thinking $180,000 - $250,000 would be thus cycle high but now I think that looks conservative.

Excited to see the reaction once we finally get approvals.

I couldn't agree more. It's been long overdue. $250k is very possible this cycle.
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January 08, 2024, 06:01:18 PM


Explanation
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January 08, 2024, 06:03:14 PM

Looking at the resistance levels it does appear like we’re nearing the rocket launch. I suspect we’ll see a little trouble getting through $46K and another major resistance level just above $50K. After that though it’s pretty much off to the races. If we do see increased buying interest due to the ETF approval, there is a chance it could take us to new highs. I don’t think that will happen anytime soon, but the potential is there.
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