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

[gentlemand]

There are rumors that the VanEck ETF could be approved next tuesday. Why ? Because, unlike Bitwise, there has been no announcement about it being postponed. And because, next tuesday "crypto mom" Hester Peirce is supposed to be a speaker at an ETF conference in New York.

https://bitcoinist.com/bitcoin-etf-sec-keynote-approve-rumors/

But... at Consensus Peirce also said that some questions still needed to be answered on the ETFs.

Smells of typical straw grabbing to me. If I remember rightly the applications had different dates for the extension so not saying anything now about Vaneck is meaningless. Glad to be proven wrong all the same.

[1713523091]

1713523091

[bitserve]

I mean it was $6200 some hours ago (yesterday, in some countries) ... so $1K higher already

Yeah I got that 🙂

By the way, my next celebration will be at $10k. Too bored at this price 😁

Fair enough. I don't think I will be celebrating any price any time soon out of fear of the subsequent dump/correction.... but I will be glad inside though

This is fine.

[Biodom]

Bitcoin continues to be too volatile due to low liquidity and too much leverage.
I don't see a need for the 100X leverage, but it is up to Mister Market to put a possible end to that.

VanEck-don't really care much.
Each share would be $178K (25 BTC) if it is approved. Not enough "granularity".

It's more likely to re-test 6200 than to go up short term, IMHO.
Not pleased.

RE whale: maybe it was Kobayashi again? Not likely, though.

[ivomm]

There are rumors that the VanEck ETF could be approved next tuesday. Why ? Because, unlike Bitwise, there has been no announcement about it being postponed. And because, next tuesday "crypto mom" Hester Peirce is supposed to be a speaker at an ETF conference in New York.

https://bitcoinist.com/bitcoin-etf-sec-keynote-approve-rumors/

But... at Consensus Peirce also said that some questions still needed to be answered on the ETFs.

Smells of typical straw grabbing to me. If I remember rightly the applications had different dates for the extension so not saying anything now about Vaneck is meaningless. Glad to be proven wrong all the same.

I don't have any expectations about an approval. The deadline is the 21st May. Last time, SEC inquired for answers of many questions from the public. Practically nobody cares anymore to answer them. While the first round we had over 1000, after that there were only several, as far I remember. Now, SEC staff will just copy-paste the same questions with some additional from the Bitwise decision. Or they can just deny it. Clearly, SEC is afraid to be the first to give the investors a regulated market. But when bakkt/fidelity/etc. goes well, then they will have no reason but to approve the first serious ETF proposal. Will it be good for Bitcoin is another question. It may speed up the rise to 100K, but it may also create a bubble to pop like the futures did. Right now, I think it is good for the investors to get an ETF but bad for the hodlers. It may create amother short lived bull run to 20K. On the other hand, after a year or two, when we are above 20K it will be a fireworks show for the hodlers to get ETF. Imagine we get an ETF around 50K - that will explode the price above 100K for sure!

[gentlemand]

I don't have any expectations about an approval.

My guess is that an ETF will arrive many years from now long after it's been routed around by countless other methods. We'll think 'ooh, that's nice. Brings back a few memories' and then get back to our fluffers.

[kenzawak]

[BitcoinGirl.Club]

via Imgflip Meme Generator

$7,096? 🤪

Observing $7,096
Damn nearly a $K down from yesterday!

Or $1K higher.... depends on how you want to view it.

Compared to yesterday it's definitely $1K down but compared to last week it $1K higher of course 🙂

Do I wake up automatically behind asses like that when I am "rich" aka when we hit $100k? Honestly thats all I want in life   But of course not always the same ass.

You don't want to be John McAfee or do you? 🤪

[BitcoinGirl.Club]

I mean it was $6200 some hours ago (yesterday, in some countries) ... so $1K higher already

Yeah I got that 🙂

By the way, my next celebration will be at $10k. Too bored at this price 😁

Fair enough. I don't think I will be celebrating any price any time soon out of fear of the subsequent dump/correction.... but I will be glad inside though

This is fine.

I think I understand the energy here 🤪

[Last of the V8s]

I remain insanely bullish. Meaningless early bubble incoming shortly. Then one of the biggest percentage falls ever.

[El duderino_]

Have had a pleasant evening won the Cup in somekind of tablesoccer competition proud @my whole team

Gonna catch up with the thread tomorrow

Now its highly time to crawl into my HODLnest for a well earned HODLsleep, still above 7K.... hope we stay here.

Now for Elwar, when 10K ?? Hope is has figured things out by now or at least has a good place to stay etc
Remember the WO is with you brother!!

Good night WO’s!!!!!!

[El duderino_]

I remain insanely bullish. Meaningless early bubble incoming shortly. Then one of the biggest percentage falls ever.

Sssssssssjjjjjj and go to sleep as well, seems you need it.

[Last of the V8s]

I remain insanely bullish. Meaningless early bubble incoming shortly. Then one of the biggest percentage falls ever.

Sssssssssjjjjjj and go to sleep as well, seems you need it.

I'll sleep when the central banks are dead.

[StartupAnalyst]

This is what people who keep money in bank deposits and are afraid of everything new look like.

[gentlemand]

This is what people who keep money in bank deposits and are afraid of everything new look like.

They look ecstatic to be part of making the future and so they goddamn should be.

[Lambie Slayer]

I remain insanely bullish. Meaningless early bubble incoming shortly. Then one of the biggest percentage falls ever.

Price targets please sir.

[Lambie Slayer]

This is what people who keep money in bank deposits and are afraid of everything new look like.

To me what makes this pic so funny is how happy and oblivious the twins look in spite of the pretty in you face negative emotions of the workers. As a coiner I understand, we cant be troubled with the pain and suffering of nocoiners who refuse to leave the nocoiner plantation after hearing of the glory of King Bitcoin. 

[Toxic2040]

I remain insanely bullish. Meaningless early bubble incoming shortly. Then one of the biggest percentage falls ever.

Sssssssssjjjjjj and go to sleep as well, seems you need it.

I'll sleep when the central banks are dead.

[Lambie Slayer]

Have had a pleasant evening won the Cup in somekind of tablesoccer competition proud @my whole team

Gonna catch up with the thread tomorrow

Now its highly time to crawl into my HODLnest for a well earned HODLsleep, still above 7K.... hope we stay here.

Now for Elwar, when 10K ?? Hope is has figured things out by now or at least has a good place to stay etc
Remember the WO is with you brother!!

Good night WO’s!!!!!!

Goose you need to trademark HODLsleep and buy HODLsleep.com while you can. This will be a big thing one day im sure.

[StartupAnalyst]

This is what people who keep money in bank deposits and are afraid of everything new look like.

They look ecstatic to be part of making the future and so they goddamn should be. 

Yes, their faces show the joy and happiness of making the world a better place.

This is what people who keep money in bank deposits and are afraid of everything new look like.

To me what makes this pic so funny is how happy and oblivious the twins look in spite of the pretty in you face negative emotions of the workers. As a coiner I understand, we cant be troubled with the pain and suffering of nocoiners who refuse to leave the nocoiner plantation after hearing of the glory of King Bitcoin.  

The brothers are glad because they know what they are doing, and they clearly know the vector of their development.

[soxxx]

The Bulls are close to sending this back up to $8k.....if that happens so soon, we are certainly in a bull market.