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

[rhomelmabini]

So someone knows that tomorrow VanEck ETF denial or delay


The upcoming VanEck ETF decision could certainly have a serious impact on $BTC price

Denial = Pull back the current price regardless of how good it looked this wknd

Approval =push the price to new yearly high & create mass FOMO buying

Delay = Expected & likely little change
https://twitter.com/Josh_Rager/status/1130326881859964928?ref_src=twsrc%5Etfw

Let's see how will it take effect, I fairly see and say we will have another delay and whow knows it will not be an ETF anymore rather ETD.

[PaivanTreidi]

Lots of selling & people trying to send the price into the 7500’s or lower.

Bitcoin community & traders -

So someone knows that tomorrow VanEck ETF denial or delay


The upcoming VanEck ETF decision could certainly have a serious impact on $BTC price

Denial = Pull back the current price regardless of how good it looked this wknd

Approval =push the price to new yearly high & create mass FOMO buying

Delay = Expected & likely little change
https://twitter.com/Josh_Rager/status/1130326881859964928?ref_src=twsrc%5Etfw

It is interesting that this ETF thing is so important. This side of the pond I could have invested in crypto ETFs for years now... Nothing new...

[LFC_Bitcoin]

Lots of selling & people trying to send the price into the 7500’s or lower.

Bitcoin community & traders -

So someone knows that tomorrow VanEck ETF denial or delay


The upcoming VanEck ETF decision could certainly have a serious impact on $BTC price

Denial = Pull back the current price regardless of how good it looked this wknd

Approval =push the price to new yearly high & create mass FOMO buying

Delay = Expected & likely little change
https://twitter.com/Josh_Rager/status/1130326881859964928?ref_src=twsrc%5Etfw

I dunno!

It feels like we’ve had about 10 delays/denials for bitcoin ETF’s now. The market absorbs the news & nobody seems to give a crap any more.

[JSRAW]

The walls at $700 are looking to be under siege soon.  

@Toxic I found your competitor on chart thingy this Tanner dude loves to play with chart just like you. any of you guys remember him, just wondering if he's still around.

Old posts are gold

[rjclarke2000]

Lovin the hat.

Thanks!

[bitcoinPsycho]

Lovin the hat.

Thanks!

Yes yes . Get in

[El duderino_]

JP Morgan is now putting out reports about “Bitcoin’s intrinsic value.”

Thought it was worthless and had no value according to Jamie Dimon??

Never listen to what a bank says.

Watch what they do.

https://twitter.com/apompliano/status/1130444930885783553?s=21

[d_eddie]

It is interesting that this ETF thing is so important. This side of the pond I could have invested in crypto ETFs for years now... Nothing new...

AFAIK, Crypto ETFs are baskets of shares of selected crypto companies. I think a cryptocurrency ETF exists already, but it includes ETH and other shitcoins. The ETFs under SEC scrutiny would include btc only. What's more, some of them are designed for settlement in kind, not in cash (that is, bitcoin - not USD). The importance or usefulness of such a financial instrument is debatable, but it can't be dismissed as "nothing new".

Where's the novelty? Everyone would be able to buy (paper) btc through their stock market broker, without having an account at an exchange. Besides, if the settlement is really in kind, the ETF issuer would have to hold/buy/sell matching amounts of the underlying asset (btc) or bear the risk when the ETF holder asks for payment. That is, if fuckery can be ruled out. Which is a big IF.

[xhomerx10]

Lovin the hat.

Thanks!

 Hey! Did you see some little prick drop-kicked the Governator while his back was turned?  He took it like the champ he is though and in his typical deadpan style said, "I'm just glad the idiot didn't interrupt my Snapchat."

https://www.cbc.ca/news/entertainment/schwarzenegger-kicked-south-africa-1.5141774


edit: the hat looks good on you!

edit2: compliments of MrFreeRoMan


 

[gembitz]

re: Poll. Voted 2020. Don't see a new ATH this year.

Gut is telling me once we breach $9k, it's going to be a very hard slog to find support at $10k.

$900 you mean ? lol when does uncle sam reboot this shitcoin weee

[bitcoinPsycho]

re: Poll. Voted 2020. Don't see a new ATH this year.

Gut is telling me once we breach $9k, it's going to be a very hard slog to find support at $10k.

I voted 2019 .reason:  THIS IS BITCOIN

[PaivanTreidi]

It is interesting that this ETF thing is so important. This side of the pond I could have invested in crypto ETFs for years now... Nothing new...

AFAIK, Crypto ETFs are baskets of shares of selected crypto companies. I think a cryptocurrency ETF exists already, but it includes ETH and other shitcoins. The ETFs under SEC scrutiny would include btc only. What's more, some of them are designed for settlement in kind, not in cash (that is, bitcoin - not USD). The importance or usefulness of such a financial instrument is debatable, but it can't be dismissed as "nothing new".

Where's the novelty? Everyone would be able to buy (paper) btc through their stock market broker, without having an account at an exchange. Besides, if the settlement is really in kind, the ETF issuer would have to hold/buy/sell matching amounts of the underlying asset (btc) or bear the risk when the ETF holder asks for payment. That is, if fuckery can be ruled out. Which is a big IF.

The swedes have an ETN that tracks Bitcoin only. They call it an etf. As I understand it it is an ETN though.

[Wekkel]

re: Poll. Voted 2020. Don't see a new ATH this year.

Gut is telling me once we breach $9k, it's going to be a very hard slog to find support at $10k.

I voted 2019 .reason:  THIS IS BITCOIN

Never Go full retard 

[MrFreeRoMan]

Lovin the hat.

Thanks!

 Hey! Did you see some little prick drop-kicked the Governator while his back was turned?  He took it like the champ he is though and in his typical deadpan style said, "I'm just glad the idiot didn't interrupt my Snapchat."

https://www.cbc.ca/news/entertainment/schwarzenegger-kicked-south-africa-1.5141774


edit: the hat looks good on you!

edit2: compliments of MrFreeRoMan


 

Ty

Used imgflip, but not displayed

Edit: @xhomerx10  can you prepare for me a hat, please! But I can wear only in a month

[BitcoinGirl.Club]

 

LOL why is that guy kicking this old horse from the back? 🤣

Good morning WO brothers.

Observing @ $7,864
$9k please.

[BitcoinGirl.Club]

What year will we achieve a new ATH?
2020 is my guess.

[Biodom]

It is interesting that this ETF thing is so important. This side of the pond I could have invested in crypto ETFs for years now... Nothing new...

AFAIK, Crypto ETFs are baskets of shares of selected crypto companies. I think a cryptocurrency ETF exists already, but it includes ETH and other shitcoins. The ETFs under SEC scrutiny would include btc only. What's more, some of them are designed for settlement in kind, not in cash (that is, bitcoin - not USD). The importance or usefulness of such a financial instrument is debatable, but it can't be dismissed as "nothing new".

Where's the novelty? Everyone would be able to buy (paper) btc through their stock market broker, without having an account at an exchange. Besides, if the settlement is really in kind, the ETF issuer would have to hold/buy/sell matching amounts of the underlying asset (btc) or bear the risk when the ETF holder asks for payment. That is, if fuckery can be ruled out. Which is a big IF.

The swedes have an ETN that tracks Bitcoin only. They call it an etf. As I understand it it is an ETN though.

You can buy that ETN (called Bitcoin tracker or something similar) on Fidelity (even retirement accounts can buy).
I bought a little just to see how it works. It does track btc mostly OK. Big gaps because of weekends, of course.
Trades as CXBTF (in US).
https://xbtprovider.com/products/bitcoin-tracker-one

[xhomerx10]

Lovin the hat.

Thanks!

 Hey! Did you see some little prick drop-kicked the Governator while his back was turned?  He took it like the champ he is though and in his typical deadpan style said, "I'm just glad the idiot didn't interrupt my Snapchat."

https://www.cbc.ca/news/entertainment/schwarzenegger-kicked-south-africa-1.5141774


edit: the hat looks good on you!

edit2: compliments of MrFreeRoMan


 

Ty

Used imgflip, but not displayed

Edit: @xhomerx10  can you prepare for me a hat, please! But I can wear only in a month

 FYI file size has to be < 2.5MB or it wont display.

edit: Wow.  I am just not keeping up today!  No problem about the hat.

[kenzawak]

^^
I made this one with ezgif :

[gembitz]

It is interesting that this ETF thing is so important. This side of the pond I could have invested in crypto ETFs for years now... Nothing new...

AFAIK, Crypto ETFs are baskets of shares of selected crypto companies. I think a cryptocurrency ETF exists already, but it includes ETH and other shitcoins. The ETFs under SEC scrutiny would include btc only. What's more, some of them are designed for settlement in kind, not in cash (that is, bitcoin - not USD). The importance or usefulness of such a financial instrument is debatable, but it can't be dismissed as "nothing new".

Where's the novelty? Everyone would be able to buy (paper) btc through their stock market broker, without having an account at an exchange. Besides, if the settlement is really in kind, the ETF issuer would have to hold/buy/sell matching amounts of the underlying asset (btc) or bear the risk when the ETF holder asks for payment. That is, if fuckery can be ruled out. Which is a big IF.

The swedes have an ETN that tracks Bitcoin only. They call it an etf. As I understand it it is an ETN though.

You can buy that ETN (called Bitcoin tracker or something similar) on Fidelity (even retirement accounts can buy).
I bought a little just to see how it works. It does track btc mostly OK. Big gaps because of weekends, of course.
Trades as CXBTF (in US).
https://xbtprovider.com/products/bitcoin-tracker-one

/\speculative derivatives are going to be the undoing of bitcoin for the masses lol axe buffett