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Question: When will bitcoin reach the top of this bull market (i.e. when will it moon)?
Topped at $13,880 in June - 8 (5.9%)
H2 2019 - 15 (11%)
H1 2020 - 25 (18.4%)
H2 2020 - 25 (18.4%)
H1 2021 - 11 (8.1%)
H2 2021 - 27 (19.9%)
H1 2022 - 6 (4.4%)
H2 2022 - 4 (2.9%)
H1 2023 - 0 (0%)
H2 2023 - 2 (1.5%)
2024 or Later - 13 (9.6%)
Total Voters: 136

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21285001 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. (100 posts by 19 users deleted.)
theymos
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September 09, 2018, 11:01:54 PM
Merited by crypmike (1)


I wouldn't be surprised if people irrationally freak out about it. I could see the price dropping further once more people hear this news. Though realistically, CXBTF was just made available on US markets about a month ago, and its all-time US trading volume looks to be only something like $5 million, so it's not as if a major player in the market was just removed.

According to some apparent SEC quotes on CoinDesk, it looks like the SEC is annoyed by some language in CXBTF's marketing material, though I can't actually find the source of those quotes.

IMO about $1-2k of the price is built on top of people hoping for an ETF (which would probably quickly put the price well above $10k), so any news that hints for or against quicker ETF approval is likely to have major effects.
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September 09, 2018, 11:04:29 PM

I'm bullish AF now.

lol
HairyMaclairy
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September 09, 2018, 11:24:56 PM

I interpret the SEC statements as code for “we think the promoters are engaging in misleading and fraudulent advertising”.

It’s one more nail in the coffin of an ETF this year.
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BTFD, on to 15K a coin !!!!


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September 09, 2018, 11:31:36 PM

^
Let the coffin be full of nails we don’t need an ETF and surely not This year..... i think most of everybody already thinks there’s No ETF happening any time soon

What Will BTC be When i wake up Roll Eyes
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September 09, 2018, 11:59:33 PM

Oh I don't know dude, how about a medium of exchange?

Some days I wonder if "store of value" is what I signed up for when I started working with Bitcoin. The idea at the time was to be able to collect payments and buy stuff using something other than Paypal and dollars.

Now.... Still use it for that, but it's more complicated.
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September 10, 2018, 12:04:30 AM

Everyone wants to be rich fast and easy.  Y’all just need a little patience. 
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September 10, 2018, 12:46:59 AM

Once the market gets hooked on the bulls horns we should take a nice relaxing vacation to bangkok. At some point you will be able to buy pussy with coin.

I would start here:

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September 10, 2018, 01:03:32 AM

Oh I don't know dude, how about a medium of exchange?

Some days I wonder if "store of value" is what I signed up for when I started working with Bitcoin. The idea at the time was to be able to collect payments and buy stuff using something other than Paypal and dollars.

Now.... Still use it for that, but it's more complicated.

Store of value is the stairs you have to climb to reach medium of exchange. Trying to shoehorn Bitcoin into that space won't work when the first thing a payee does is sell the stuff.
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September 10, 2018, 01:07:39 AM
Merited by JayJuanGee (1)

https://blog.unchained-capital.com/bitcoin-data-science-pt-1-hodl-waves-7f3501d53f63
Bitcoin Data Science (Pt. 1): HODL Waves
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September 10, 2018, 01:41:01 AM

Oh I don't know dude, how about a medium of exchange?

Some days I wonder if "store of value" is what I signed up for when I started working with Bitcoin. The idea at the time was to be able to collect payments and buy stuff using something other than Paypal and dollars.

Now.... Still use it for that, but it's more complicated.

Every time I try to interface with the legacy banking system I remember why I bought bitcoin. It's always such a pain in the ass in some way, it NEVER fails.
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September 10, 2018, 01:56:12 AM


I wouldn't be surprised if people irrationally freak out about it. I could see the price dropping further once more people hear this news. Though realistically, CXBTF was just made available on US markets about a month ago, and its all-time US trading volume looks to be only something like $5 million, so it's not as if a major player in the market was just removed.

According to some apparent SEC quotes on CoinDesk, it looks like the SEC is annoyed by some language in CXBTF's marketing material, though I can't actually find the source of those quotes.

IMO about $1-2k of the price is built on top of people hoping for an ETF (which would probably quickly put the price well above $10k), so any news that hints for or against quicker ETF approval is likely to have major effects.

Bears and FOMO'ers are going to milk the shit out of this news, no matter how small

Once the market gets hooked on the bulls horns we should take a nice relaxing vacation to bangkok. At some point you will be able to buy pussy with coin.

I would start here:



It's official. We are doing this.

Yep I also had to downgrade my lifestyle.

Me too tbh, I’ve lived a bit of a false life since last year when I cashed in all my free BCH.

HODLING bitcoin is boring as fuck, having all that money but not being able to spend any of it. Fucking cock tease.
It’ll all be worth it in a few years though.

Same. The funny thing is that I haven't actually cashed out anything. I just looked at my wealth increasing "on paper" last year, and stepped things up accordingly. Ate at fancier restaurants, flew first class, etc.

Now I'm back to Taco Bell and flying coach.

Well, at least it isn't Ramen 3 times a day and taking the bus.

you can still afford to ride on a bus? damn. look at mr moneypants here

Actually, I can afford to put an all beef hotdog in my Ramen and I do drive my own 2 years old car. I'm blessed.  Cool

Wow, you are all rich. Now I eat only in the university cafeteria and sometimes I order Chinese food. In this year I changed my lifestyle.

Rich? Maybe in theoretical dollars but ask any of these coin sluts if they are planning on cashing out and they will scratch your eyes out.
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September 10, 2018, 02:06:47 AM
Last edit: September 10, 2018, 02:18:20 AM by JimboToronto

Sell high, buy low  

Buy low, sell only when absolutely necessary.

Rich? Maybe in theoretical dollars but ask any of these coin sluts if they are planning on cashing out and they will scratch your eyes out.

Cashing out? You mean like selling all your coins to hold fiat currencies?

That kind of foolishness doesn't make me want to scratch your eyes out. It makes me want to pity you.
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September 10, 2018, 03:43:09 AM

Every time I try to interface with the legacy banking system I remember why I bought bitcoin. It's always such a pain in the ass in some way, it NEVER fails.
I know. I like having control over my money.
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September 10, 2018, 04:04:54 AM
Merited by JayJuanGee (1)

Rich? Maybe in theoretical dollars but ask any of these coin sluts if they are planning on cashing out and they will scratch your eyes out.

Who would sit through the entire painful bear season just to sell the bottom?
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September 10, 2018, 04:07:46 AM

Rich? Maybe in theoretical dollars but ask any of these coin sluts if they are planning on cashing out and they will scratch your eyes out.

Who would sit through the entire painful bear season just to sell the bottom?

You know what they say about prices...

1) It is either the ATH

2) or the ATL

You want the above to rotate in an UPWARD direction rather than the reverse!

(or so it seems) Wink

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September 10, 2018, 04:37:43 AM

What a wall to be observed

https://www.zerohedge.com/news/2018-09-09/sec-orders-temporary-halt-swedish-bitcoin-ether-etns-citi-launches-game-changing
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September 10, 2018, 04:56:40 AM
Last edit: September 10, 2018, 03:56:28 PM by infofront

I interpret the SEC statements as code for “we think the promoters are engaging in misleading and fraudulent advertising”.

It’s one more nail in the coffin of an ETF this year.


It doesn't seem to have anything to do with the ETFs. This is for the Swedish ETN.

https://www.zerohedge.com/news/2018-09-09/sec-orders-temporary-halt-swedish-bitcoin-ether-etns-citi-launches-game-changing

Meanwhile, Citi is launching an instrument called a "Digital Asset Receipt". Who needs an ETF?

Edit: Link is a repost - hv_ beat me to it.
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September 10, 2018, 05:09:48 AM

goldkingcoiner:

Idiot. Begone.
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September 10, 2018, 05:14:33 AM

Yep I also had to downgrade my lifestyle.

Me too tbh, I’ve lived a bit of a false life since last year when I cashed in all my free BCH.

HODLING bitcoin is boring as fuck, having all that money but not being able to spend any of it. Fucking cock tease.
It’ll all be worth it in a few years though.

Same. The funny thing is that I haven't actually cashed out anything. I just looked at my wealth increasing "on paper" last year, and stepped things up accordingly. Ate at fancier restaurants, flew first class, etc.

Now I'm back to Taco Bell and flying coach.

Well, at least it isn't Ramen 3 times a day and taking the bus.

you can still afford to ride on a bus? damn. look at mr moneypants here

Actually, I can afford to put an all beef hotdog in my Ramen and I do drive my own 2 years old car. I'm blessed.  Cool

Wow, you are all rich. Now I eat only in the university cafeteria and sometimes I order Chinese food. In this year I changed my lifestyle.
You can sleep well knowing your most likely getting more ass then them.

Back to the roots doesn't harm the mind  Grin
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September 10, 2018, 05:48:19 AM

I interpret the SEC statements as code for “we think the promoters are engaging in misleading and fraudulent advertising”.

It’s one more nail in the coffin of an ETF this year.


It doesn't seem to have anything to do with the ETFs. This is for the Swedish ETN.

https://www.zerohedge.com/news/2018-09-09/sec-orders-temporary-halt-swedish-bitcoin-ether-etns-citi-launches-game-changing

Meanwhile, Citi is launching an instrument called a "Digital Asset Receipt". Who needs an ETF?

Details

https://www.businessinsider.de/citigroup-exploring-crypto-digital-asset-receipt-2018-9?r=US&IR=T
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