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

[serveria.com]

First stop Athens just to see if there are any visible scars of a broken economy

Been there myself lately but only for a couple of days. No signs of economic disaster in the streets whatsoever. Looks just like any other European city. Perhaps I didn't know where to look (all the bad neighborhoods etc...)  

[Ibian]

First stop Athens just to see if there are any visible scars of a broken economy

Been there myself lately but only for a couple of days. No signs of economic disaster in the streets whatsoever. Looks just like any other European city. Perhaps I didn't know where to look (all the bad neighborhoods etc...)  

Did you happen to go for an evening stroll?

[serveria.com]

He doesn't even believe in the historic price of silver charts.

Yeah that was actually pretty funny.   roach's reaction was fun to watch perhaps we should ask him to post his version of those charts?

[Searing]

https://twitter.com/altcoinsara/status/1130200197240373249?s=21

Ack! (though back in the day mining this on prohashing (they picked the best-paid coin and I converted all to BTC directly each day)

I made a killing on the pump of this. Was not till the end of bitcoinnect that I found out it was mainly a pump and dump coin...mixed in with

the other high flying phohashing coins that were mined and like me others converted.

Sometimes you get sucked into stuff on the 'setup' of other things (pools, etc)

On the other hand, I really doubt bitcoinconnet 2.0 will go anyplace..then again I also mined Paycoin to BTC on its 2-week scrypt-pow

hmm...either my unconscious is evil and such or I am oblivious when making money back in the day mining....hmmm...moral issues on reflection...

but yeah, bitcoinconnect coming back is a sure sign of FOMO and FUD..they sure did not announce this at 3.2k BTC.

(I'm so old I remember when BFL was legit and all GAW did was resell decent miners..)

[serveria.com]

First stop Athens just to see if there are any visible scars of a broken economy

Been there myself lately but only for a couple of days. No signs of economic disaster in the streets whatsoever. Looks just like any other European city. Perhaps I didn't know where to look (all the bad neighborhoods etc...)  

Did you happen to go for an evening stroll?

Yes, again I was not off the beaten tourist track but I didn't see any gangs looting shops at night or things like that 

[Globb0]

[Bitcoinaire]

current quarter ranks as the 2nd highest quarterly gain since 2014 and the 7th highest quarterly gain all-time


https://twitter.com/CarpeNoctom/status/1130210275469266944

[d_eddie]

Consolidation in the $7.9k range continues to solidify our base of support for $8k and possibly further GAINZ towards the Vegeta arena.  

Increasing volatility is likely after the closing of the weekly candle.

Trading disclosure - closed all my positions, play stash yield 6%. That's a low figure. I could have made ~15% with volatility like this, but this time I've been playing it safe, never allowing my short leg to reach liquidatable leverage. I've overshot that threshold a little with the long at times, but even my long liquidation price never went below 3200.

Now the profits go to cold storage, and I'm ready for another round.

[serveria.com]

current quarter ranks as the 2nd highest quarterly gain since 2014 and the 7th highest quarterly gain all-time


https://twitter.com/CarpeNoctom/status/1130210275469266944

So... looks like we'll see a new ATH in Q4?

[Lambie Slayer]

Starting to think these ETF rumors for the May 21st approval might be real. More and more its starting to feel like insiders are buying bc they really know something we dont. ETF please and pamp it please!

Do you think so?
I dunno, the SEC seem to hate the idea of a bitcoin ETF, every single attempt so far has been basically told to fuck off.

I don’t think so but I’d LOVE to be wrong on this. I think a bitcoin ETF would take us to a new ATH this year.

yeah i highly doubt we get etf on 21st, but my suspicion of insiders buying on info we dont have makes me wonder that something is up.......

[Ibian]

Imagine having a president who tweets like this:


https://twitter.com/realDonaldTrump/status/1130207891049332737

Literally, long bitcoin as much as you can!

Imagine having a president who actually went to war. oh... wait.

War is the general state of things. Peace is the exception, and a peace as long as the current one has never happened before in history.

[rebal15]

Starting to think these ETF rumors for the May 21st approval might be real. More and more its starting to feel like insiders are buying bc they really know something we dont. ETF please and pamp it please!

Do you think so?
I dunno, the SEC seem to hate the idea of a bitcoin ETF, every single attempt so far has been basically told to fuck off.

I don’t think so but I’d LOVE to be wrong on this. I think a bitcoin ETF would take us to a new ATH this year.

yeah i highly doubt we get etf on 21st, but my suspicion of insiders buying on info we dont have makes me wonder that something is up.......

If it was me or r0ach who said that they don't believe on BTC ETF, you would have accused us of trolling. I think you need to stop smoking complicated cigarette to remember your opinions and take a single position.

[Last of the V8s]

Never did like Waiting for Godot. Too much clever-clever, not enough nudity.

[El duderino_]

Never did like Waiting for Godot. Too much clever-clever, not enough nudity.

But sleepy-sleepy

HODL-HODL

Nest-Nest

Good night Wall observers ...... f*** I gotta sleep but realize next 24hours are critical

[rebal15]

Never did like Waiting for Godot. Too much clever-clever, not enough nudity.

Added to database

[Toxic2040]

-------

Trending upwards and over $8k as we head into the last two hours of trading for the week.

1h

#stronghands'19

[Last of the V8s]

sleep well-well good Goose

[JayJuanGee]

Probably the odds of an ETF approval any time soon, in the coming months or even this year are pretty low.

It seems that the hands of the SEC is going to need to be forced before approval takes place, and if there is some kind of feeling that they are being forced, even by potential competition of some other jurisdiction getting "in" first, then under those circumstances they might approve an ETF.

...

IMO the last thing BTC needs is an ETF.  If and when it comes it could be the end of the bull run, like the futures in 2017. Better to keep the uncertainty going for as long as possible.

The trend is becoming better established now . The recent test of 6200 was a positive sign, as I predicted here :

https://bitcointalk.org/index.php?topic=178336.msg51004585#msg51004585

I guess that I was attempting to make a descriptive rather than a prescriptive statement, yet I agree with you that this might NOT exactly be good timing for an ETF... yet, what does it matter what any of us think about what is good or not good for bitcoin. 

Part of the building upon decentralized is that anyone can build anything that they want, including if some folks believe that an ETF would be good for themselves or whatever.  In other words, an ETF is likely to come sooner  or later and it might not be easy, exactly, to know when it will come - even though my current senses are that no kind of ETF rolling out or approval is "imminent" in the coming months, and I would actually be surprised if any kind of meaningful ETF came to bitcoin any time before late 2020.... but you never know.. including the fact that sometimes rogue actors might believe that expediting an ETF might work to their own interest - whether or not it is good for bitcoin.

Regarding the dip to $6,200 on Bitstamp.. yes I would agree that technically the BTC price dipped down to $6,178 on Bitstamp, but surely that was a spike of only a few minutes and not even reflected on various other exchanges, so in that regard, the true overall dip of this particular correction would be more accurately measured as $6,880-ish .. but yeah, technically you are correct about $6,200 being the correction dip even though that was a weird kind of aberration of an effervescent flash crash (I know, I know, my hyperbole).

[UnDerDoG81]

You guys think we will ever see BCash @$4k again within any bullrun? I feel like I lost a fortune by not selling @4k and kept that scam hodling.

[HairyMaclairy]

You guys think we will ever see BCash @$4k again within any bullrun? I feel like I lost a fortune by not selling @4k and kept that scam hodling.

No you lost a fortune by not selling at over 0.15 BTC.