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

[aminorex]

as the more and more big players and funds get involved the more BTC will be sold OFFLINE and that the volume on exchanges will DECREASE overtime.

Its these little obvious facts that seem to evade people who doubt the price of bitcoin can go much higher.

Off-exchange transactions are for the most-part intended to soak up liquidity, and avoid price impact.  Thus, off-exchange transactions are *less* likely to cause prices to go higher, rather than *more* likely.  I don't understand your point.

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[1714523689]

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[windjc]

as the more and more big players and funds get involved the more BTC will be sold OFFLINE and that the volume on exchanges will DECREASE overtime.

Its these little obvious facts that seem to evade people who doubt the price of bitcoin can go much higher.

Off-exchange transactions are for the most-part intended to soak up liquidity, and avoid price impact.  Thus, off-exchange transactions are *less* likely to cause prices to go higher, rather than *more* likely.  I don't understand your point.

Because there is a very finite amount of bitcoin in the world. The more that is sitting in "vaults" of fund managers, the less that will be sold. For instance, I believe, though I have no proof, that many of the current mined bitcoin are not being sold on the exchanges.

There will always be a shortage of bitcoins. As more large players collect them the less supply will be on exchanges.

For instance in the rally up to $900, they were practically selling out of btc on the chinese exchange. There was almost zero ask depth at one time.

I think we will see this again.

[Davyd05]

3852 pages of people telling you how to lose all your bitcoin by trading.

Well done, you got me!

To be fair, many of us did tell you all to HODL!


Honestly just hold everything you can, who needs to gamble? 5,000% yearly returns should be good enough.

working for me still , bought all the way from 140 -> 900  now I just hodl till I could sell 1% of the stash to cover the entire investment lols

[Richard Branson]

3852 pages of people telling you how to lose all your bitcoin by trading.

Well done, you got me!

To be fair, many of us did tell you all to HODL!


Honestly just hold everything you can, who needs to gamble? 5,000% yearly returns should be good enough.

It's 0% return if you don't cash out.
That's the beauty of bitcoin. It's a self stabilizing system until more than 10% decide to cash out.

[hyphymikey]

3852 pages of people telling you how to lose all your bitcoin by trading.

Well done, you got me!

To be fair, many of us did tell you all to HODL!


Honestly just hold everything you can, who needs to gamble? 5,000% yearly returns should be good enough.

To know who to listen to is what got me.... sooo...

EVERYONE LISTEN UP!

HODL!

I SURE WISH I WOULD HAVE!

edit: don't leverage trade either, that's the worst!

see you guys on the flipside

[ChartBuddy]

[pdawg]

[windjc]

3852 pages of people telling you how to lose all your bitcoin by trading.

Well done, you got me!

To be fair, many of us did tell you all to HODL!


Honestly just hold everything you can, who needs to gamble? 5,000% yearly returns should be good enough.

It's 0% return if you don't cash out.
That's the beauty of bitcoin. It's a self stabilizing system until more than 10% decide to cash out.

And this is different than any stock or commodity how?

[aminorex]

Honestly just hold everything you can, who needs to gamble? 5,000% yearly returns should be good enough.

It's 0% return if you don't cash out.
That's the beauty of bitcoin. It's a self stabilizing system until more than 10% decide to cash out.

Such diversity of viewpoints is stimulating.  Mine is different from both of yours':

- Holding means 0% gain in BTC. 
- Selling means converting BTC into fiat, which is suicidal.

The only remaining alternative:

- Buy more

is my choice.

[medialab101]

Honestly just hold everything you can, who needs to gamble? 5,000% yearly returns should be good enough.

It's 0% return if you don't cash out.
That's the beauty of bitcoin. It's a self stabilizing system until more than 10% decide to cash out.

Such diversity of viewpoints is stimulating.  Mine is different from both of yours':

- Holding means 0% gain in BTC. 
- Selling means converting BTC into fiat, which is suicidal.

The only remaining alternative:

- Buy more

is my choice.

Or mine...

[spooderman]

what's gonna happen to this 4k wall at 1k on stamp?

[Loaded]

expect.

[windjc]

what's gonna happen to this 4k wall at 1k on stamp?

It's going to be eaten.

[windjc]

expect.

[chriswilmer]

expect.

...the unexpected?

[Davyd05]

experiencing a little resistance, do they not know resisting the choo choo is futile.

[mb300sd]

expect.

THE MOON!!! ┗(°0°)┛

[NamelessOne]

expect.

I want more expect!

[traderCJ]

expect.

Go away, thanks.

[fotosonics]

O  O
  O

Bitcoin, you never cease to awe. That is all.