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

[sirazimuth]

so what is next ?

are we buying or waiting for a new ATH,

from here i can see we beat the ounce gold price again lol

 

Vacation time.
I didnt even notice we dropped to 1 k and that the ETF didnt got approved lol....

If starting next week we are still above 1200 then it is a buying signal for sure.

we don't need no stinkin ETF...

[spiderbrain]

i'm feeling bearish again... ( selling coins will do that to you )

delusional bulls are done chasing their magical unicorn.
time for reality to set in, NO ETF == billions are not going to pour into bitcoin, NO ETF == No reason to hodl.

No reason to HODL, ha ha ha ha!

[European Central Bank]

i'm feeling bearish again... ( selling coins will do that to you )

delusional bulls are done chasing their magical unicorn.
time for reality to set in, NO ETF == billions are not going to pour into bitcoin, NO ETF == No reason to hodl.

wut? if an etf had happened billions would've poured into bitcoins that are locked away in a market of their own. it's possible the winklvoss twins would be able to turn over tens of billions of dollars and never need to touch the open bitcoin market ever again.

and maybe those billions will arrive on the open market a in few years when alot of the current crap is ironed out.

[spiderbrain]

I think a factor in the high price is that people who thought it would be safer to wait until an ETF was available to get in because of institutional protection, their lack of tech knowledge, whatever, have realised they don't get that luxury and have starting buying directly. This is a bit of a silk road v2 situation IMO, everyone thought the value was due to X and then X vanishes and it retains the value = collect jaw drop and then FOMO.

[marcus_of_augustus]

I think a factor in the high price is that people who thought it would be safer to wait until an ETF was available to get in because of institutional protection, their lack of tech knowledge, whatever, have realised they don't get that luxury and have starting buying directly. This is a bit of a silk road v2 situation IMO, everyone thought the value was due to X and then X vanishes and it retains the value = collect jaw drop and then FOMO.

Yup. Hardware wallets are selling out fast.

Why use an ETF when you can hodl your bitcoins at home on a Trezor? (If you can find one to buy).

[Lauda]

I queried some data just now:

<gribble> Bitstamp | There are currently 31481.413 bitcoins demanded at or over 100.0 USD, worth 23624826.7678 USD in total. | Data vintage: 0.0134 seconds
<gribble> Bitstamp | There are currently 4035.5572 bitcoins offered at or under 10000.0 USD, worth 6667421.9348 USD in total. | Data vintage: 35.3912 seconds

Feeling bullish yet?

[gembitz]

i'm feeling bearish again... ( selling coins will do that to you )

delusional bulls are done chasing their magical unicorn.
time for reality to set in, NO ETF == billions are not going to pour into bitcoin, NO ETF == No reason to hodl.

wut? if an etf had happened billions would've poured into bitcoins that are locked away in a market of their own. it's possible the winklvoss twins would be able to turn over tens of billions of dollars and never need to touch the open bitcoin market ever again.

and maybe those billions will arrive on the open market a in few years when alot of the current crap is ironed out.

~trillions inkoming rice futures looking like now is trigger* ! :-D lel

[European Central Bank]

Yup. Hardware wallets are selling out fast.

Why use an ETF when you can hodl your bitcoins at home on a Trezor? (If you can find one to buy).

this is very true. i bought a ledger nano s the other day and it took quite some finding. amazon sold out and couldn't tell me when they were getting more in.

[gembitz]

I queried some data just now:

<gribble> Bitstamp | There are currently 31481.413 bitcoins demanded at or over 100.0 USD, worth 23624826.7678 USD in total. | Data vintage: 0.0134 seconds
<gribble> Bitstamp | There are currently 4035.5572 bitcoins offered at or under 10000.0 USD, worth 6667421.9348 USD in total. | Data vintage: 35.3912 seconds

Feeling bullish yet?

^is the new season mr. robot out yet? :-D hmmm

[gembitz]

I think a factor in the high price is that people who thought it would be safer to wait until an ETF was available to get in because of institutional protection, their lack of tech knowledge, whatever, have realised they don't get that luxury and have starting buying directly. This is a bit of a silk road v2 situation IMO, everyone thought the value was due to X and then X vanishes and it retains the value = collect jaw drop and then FOMO.

Yup. Hardware wallets are selling out fast.

Why use an ETF when you can hodl your bitcoins at home on a Trezor? (If you can find one to buy).

^paper wallets a thing of the past? :\

[marcus_of_augustus]

I queried some data just now:

<gribble> Bitstamp | There are currently 31481.413 bitcoins demanded at or over 100.0 USD, worth 23624826.7678 USD in total. | Data vintage: 0.0134 seconds
<gribble> Bitstamp | There are currently 4035.5572 bitcoins offered at or under 10000.0 USD, worth 6667421.9348 USD in total. | Data vintage: 35.3912 seconds

Feeling bullish yet?

How hodlers are with their coins

I'm hodling my bitcoins and no you can't have any!

[Meuh6879]

I queried some data just now:

<gribble> Bitstamp | There are currently 31481.413 bitcoins demanded at or over 100.0 USD, worth 23624826.7678 USD in total. | Data vintage: 0.0134 seconds
<gribble> Bitstamp | There are currently 4035.5572 bitcoins offered at or under 10000.0 USD, worth 6667421.9348 USD in total. | Data vintage: 35.3912 seconds

Feeling bullish yet?

It's an avalanche.

[marcus_of_augustus]

I think a factor in the high price is that people who thought it would be safer to wait until an ETF was available to get in because of institutional protection, their lack of tech knowledge, whatever, have realised they don't get that luxury and have starting buying directly. This is a bit of a silk road v2 situation IMO, everyone thought the value was due to X and then X vanishes and it retains the value = collect jaw drop and then FOMO.

Yup. Hardware wallets are selling out fast.

Why use an ETF when you can hodl your bitcoins at home on a Trezor? (If you can find one to buy).

^paper wallets a thing of the past? :\

Someone who was hoping to click his brokerage site button to buy bitcoin ETF is not going to bother with figuring out how to work paper wallets ... but some of them might take the plunge with an ezy pezy hardware wallet. The demand is still there, it is just very latent, lazy and waiting for convenience. But some of that latent ETF demand will make it to market ... say 5-10% conservatively of the expected, what was it?, $300 million in the first week they were spouting about.

[bitserve]

I think a factor in the high price is that people who thought it would be safer to wait until an ETF was available to get in because of institutional protection, their lack of tech knowledge, whatever, have realised they don't get that luxury and have starting buying directly. This is a bit of a silk road v2 situation IMO, everyone thought the value was due to X and then X vanishes and it retains the value = collect jaw drop and then FOMO.

Yup. Hardware wallets are selling out fast.

Why use an ETF when you can hodl your bitcoins at home on a Trezor? (If you can find one to buy).

No kidding. After long time considering buying one I finally did past week and I couldn't be happier now. Way better and more secure than my previous mess of having some in exchanges, some in software wallets and some in paperwallets.

Now I can only recommend to anyone that doesn't have one to buy one asap. It's a whole new dimension. There's really no reason not to have one except maybe for someone with less than 1btc.

I did buy a Ledger Nano S though, which is mostly the same than Trezor.

[bitserve]

I think a factor in the high price is that people who thought it would be safer to wait until an ETF was available to get in because of institutional protection, their lack of tech knowledge, whatever, have realised they don't get that luxury and have starting buying directly. This is a bit of a silk road v2 situation IMO, everyone thought the value was due to X and then X vanishes and it retains the value = collect jaw drop and then FOMO.

Yup. Hardware wallets are selling out fast.

Why use an ETF when you can hodl your bitcoins at home on a Trezor? (If you can find one to buy).

^paper wallets a thing of the past? :\

paperwallets have several attack vectors that hardware wallets don't have. Main ones during generation and during redeeming while hardware wallets never expose the private keys to another computer/device as the signing is done in-device.

So maybe not a thing of the past, and also have its usage case for sure, but I bet they will be being replaced by hardware wallets for the most part.

[olseh]

I think a factor in the high price is that people who thought it would be safer to wait until an ETF was available to get in because of institutional protection, their lack of tech knowledge, whatever, have realised they don't get that luxury and have starting buying directly. This is a bit of a silk road v2 situation IMO, everyone thought the value was due to X and then X vanishes and it retains the value = collect jaw drop and then FOMO.

Yup. Hardware wallets are selling out fast.

Why use an ETF when you can hodl your bitcoins at home on a Trezor? (If you can find one to buy).

No kidding. After long time considering buying one I finally did past week and I couldn't be happier now. Way better and more secure than my previous mess of having some in exchanges, some in software wallets and some in paperwallets.

Now I can only recommend to anyone that doesn't have one to buy one asap. It's a whole new dimension. There's really no reason not to have one except maybe for someone with less than 1btc.

I did buy a Ledger Nano S though, which is mostly the same than Trezor.

Agreed! If you're anywhere near serious about BTC, there's no reason you shouldn't have a hardware wallet

[BitcoinNewsMagazine]

I think a factor in the high price is that people who thought it would be safer to wait until an ETF was available to get in because of institutional protection, their lack of tech knowledge, whatever, have realised they don't get that luxury and have starting buying directly. This is a bit of a silk road v2 situation IMO, everyone thought the value was due to X and then X vanishes and it retains the value = collect jaw drop and then FOMO.

Yup. Hardware wallets are selling out fast.

Why use an ETF when you can hodl your bitcoins at home on a Trezor? (If you can find one to buy).

No kidding. After long time considering buying one I finally did past week and I couldn't be happier now. Way better and more secure than my previous mess of having some in exchanges, some in software wallets and some in paperwallets.

Now I can only recommend to anyone that doesn't have one to buy one asap. It's a whole new dimension. There's really no reason not to have one except maybe for someone with less than 1btc.

I did buy a Ledger Nano S though, which is mostly the same than Trezor.

I use Nano S and Trezor. I like Trezor better because I can use it with one hand but that is a minor quibble. It is a good idea to keep a portable copy of latest Electrum on your desktop if you are using the Chrome apps for Nano S; once in a while the Ledger servers have a problem usually on a weekend. If you trade Ether you can use MyEtherWallet as a backup to the Ledger Ether Chrome app.

[bitserve]

I use Nano S and Trezor. I like Trezor better because I can use it with one hand but that is a minor quibble. It is a good idea to keep a portable copy of latest Electrum on your desktop if you are using the Chrome apps for Nano S; once in a while the Ledger servers have a problem usually on a weekend. If you trade Ether you can use MyEtherWallet as a backup to the Ledger Ether Chrome app.

Yes, I have started using the chrome apps and found them to be extremely straightforward to use while having the basic features. I tried using electrum with it but the version I am running seems to be missing some libs/modules for the nano (Linux). I will try updating soon, but no hurry.

I am much more happy with the hardware wallet concept than I could possibly expect. In fact I will also buy Trezor V2 when it is out to have a second device. Then I will decide if I congure both the same seed or as independent wallets.

[abercrombie]

Saw this on trading view in the last half hour.

@clown wrote:
Pboc suggests Chinese exchanges disable leveraged trading

[savetherainforest]

I'm hodling my bitcoins and no you can't have any!

R U FEELING IT??