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

[MrFreeRoMan]

All you have to do is HODL & don’t panic sell. Bitcoin (so far in its lifetime) is the best investment you can make. Almost guaranteed profits if you have patience.

Amen.

Simply don't ever sell unless you absolutely must. Don't sell because the price goes up or down. Sell only because you need specific goods or services.

Trading is a sucker's game.

[El duderino_]

^
+1 mer.

(Few days to replenish )

But thats the best fizzy drink a have seen lately 

[serveria.com]

All you have to do is HODL & don’t panic sell. Bitcoin (so far in its lifetime) is the best investment you can make. Almost guaranteed profits if you have patience.

Amen.

Simply don't ever sell unless you absolutely must. Don't sell because the price goes up or down. Sell only because you need specific goods or services.

Trading is a sucker's game.

Wow we all need this energy drink now! #HODL!

Can we order online?

[ivomm]

According to Grayscale, many investors are not aware of the bitcoin block reward halving.
As such, it still remains a key factor for the price and it is not completely priced in.

"We were surprised to learn that many of them were not even aware of this event." (Grayscale)

https://twitter.com/iamjosephyoung/status/1136949078879744000

Very interesting news!  
thank you

Edit: I found the original quote

Is the Halving Priced In?
 

The halving is close enough that it’s time to start talking about it more seriously, but far enough out in the future that it’s unclear whether it’s priced into the market efficiently. In fact, based on anecdotal conversations with market participants, we were surprised to learn that many of them were not even aware of this event. Moreover, according to Unchained Capital, less than 32% of the bitcoins in circulation have remained in the same wallet addresses since July 2016.3 This is consistent with our own determination that a large number of existing bitcoin holders are investors who have entered the market in the last three years. For many of them, this is uncharted territory and could very well be their first halving event.

While some investors in the digital asset ecosystem appear to have a short-term bias, strategies with a multi-year investment horizon and the discipline to hold strategic positions in Bitcoin through these events have historically generated outsized returns. For example, in the one-year periods following the first and second halvings, bitcoin’s price rose by roughly 81x and 3x, respectively.

https://grayscale.co/the-next-bitcoin-halving/

Every time the halving comes near we get FUD with people saying it’s priced in.
So far post halving we have had a parabolic rise. I think we can safely say that no, the halving is never priced before it happens.

There are less coins being mined post halving therefore coins are more scarce. It’s all about supply & demand, if you reduce the supply then demand increases which naturally makes the price go up.

This is indeed the most ridiculous FUD attempt I've ever seen! It made me laugh But in case some n00bs could be mislead, here is what I think: The price is not determined by the investors, but by the daily traders. They sell, buy, short, long, etc. and always look for a daily profit. They are not interested what the price will be after 1 year. Otherwise, they would be called investors and won't do short/long positions. Now, when a big investor appears on an exchange (or rather OTC, but let's say that the OTC desk pulls bitcoins from all major exchanges), he may move the price up to 20% in a day. But - and this is very important - if the daily market can't sustain that price, it will fall immediately! So, again traders play the main role of the price forming. And as I said, one year for them looks like an eternity. To say that the halving is priced in, it would mean that the price reached the top and it will fall soon - that is the hidden FUD in this statement. It may be true only if in the last weeks before the halving, we are way beyond the current ATH - $40-50K at least. Then we could expect some pullback, but in several months the reduced supply would restore the balance. Then nobody will know what the real price should be - with reduced supply and million new investors and traders entering the exchanges it is difficult to make predictions. So what usually happens is that the price continues to follow its parabolic graph untill it can't be sustained and some bigger corection comes. The exact values nobody can predict now. What we see as doom and gloom charts is done by n00b shorters, who just entered the market and realized that they can post their shit charts in various forums to influence others. And to go against the bull trend with charts and explanations like these is as if a child is trying to move the ocean with its little bucket. It has the faith but not the resources obviously  

[JSRAW]

That's my energy drink folks  not quite similar but straight out from the local dairy farm.

And BTC Price playing ping pong every week with us tbh. down during the midweek and pump at the end of the week. somehow it reminds me of someone IRL  #NotaDirtyjoke

[MrFreeRoMan]

Wow we all need this energy drink now! #HODL!

Can we order online?

I delivered here




try here! I dont know
https://aredi.ru/bitcoin_energeticheskiy_napitok_250_ml_na_kripto_valyuty_7661901010.html

[AB de Royse777]

Can we do a investigation in Hal Finney`s Death?

^^
The guy popped in and questioning nonsense LOL

I thought this is the best place to post it here. I hope you guys will visit and leave your points if there is any.

Cheers :-)

[El duderino_]

https://twitter.com/ICO_advisor/status/1137280536114847744

[elrippos friend]

Welcome back $8k

I LOVE IT

Nice 

[LFC_Bitcoin]

I just bought £500 worth so you can thank me for the cheap coins because it’s bound to go down now, it always does shortly after I buy

[Last of the V8s]

A weekly review club for Bitcoin Core PRs

All are welcome!
We'll host a series of weekly review clubs on the #bitcoin-core-pr-reviews Freenode IRC channel at 17:00 UTC on Wednesdays. All are welcome to join and ask questions!

https://gist.github.com/jnewbery/6e2797a6f484de59aefc849a6b184008
This is good.

yes I posted it too https://bitcointalk.org/index.php?topic=5138321.0
you may bump it  
but it seems meh for traction
might move it to newbs forum

[Last of the V8s]

I just bought £500 worth so you can thank me for the cheap coins because it’s bound to go down now, it always does shortly after I buy

You're a good man.
Deep down.

[LFC_Bitcoin]

I just bought £500 worth so you can thank me for the cheap coins because it’s bound to go down now, it always does shortly after I buy

You're a good man.
Deep down.

I’ve got a good heart behind an asshole exterior

[BitcoinGirl.Club]

I just bought £500 worth so you can thank me for the cheap coins because it’s bound to go down now, it always does shortly after I buy

You're a good man.
Deep down.

I’ve got a good heart behind an asshole exterior

I mean good afternoon WO 🤪

[JSRAW]

Pamoldar : okay with picture portrait but the real question is who handling the leash?

[BitcoinGirl.Club]

Pamoldar : okay with picture portrait but the real question is who handling the leash?

Not sure about that 🤪

[JSRAW]

Pamoldar : okay with picture portrait but the real question is who handling the leash?

Not sure about that 🤪

It Should be easy guess, in case of married man

Btw English team kicking some ass in today's match. (Cricket)

[ivomm]

I just bought £500 worth so you can thank me for the cheap coins because it’s bound to go down now, it always does shortly after I buy

I envy you I have to skip this month, since I intend to go to the beach for a week, and it will cost me a whole fucking salary. But, I did well in the last year, increasing with 15% my stash. Last summer I rejected the vacation because the price was $6K-ish - too low to miss the opportunity to buy. Later, when the price fell to $3k-ish, I even emptied my 2 credit cards to buy moar. Of course I leave enough money for the monthly payments. I prefer to pay for the 12% interest because the profit from the hodling is already much greater.  Recently I voted in the poll that I am 100% in, but that's not true - I am 110% in. If anything bad happens, well, I have a stable work (although with $850 monthly salary - that's how I know God loves me ) So I learned to live with a salary immediately turned into Bitcoins - that's how much I don't trust the fiat system. And why should I trust it - credit cards, bank accounts can be robbed (in my coutry we had 2 cases of bank employees stealing clients money). My paypal account was hacked some time ago, fortunately I managed to restore the stolen sum. Now I am my own bank. If I decide to buy a house or a car, I may part with some of my stash, but not all of it. I am seriously considering the idea of hodling more than 5 years, as I initially determined. For now, I am good - I have a nice appartment and a car. I hope to find a girl that is good and won't screw my life and steal my money. Too many gold diggers in the world exist and some of them will turn to be Bitcoin diggers, we should be careful.

[El duderino_]

F*** LFC why did you BUY ..... Now very short term we did, what am I gonna do !!!!








Aaaaah because of the longterm picture, makes perfect sense, good job!!!!!

[Last of the V8s]

Btw English team kicking some ass in today's match. (Cricket)

duh
when do we play India and how much do reckon we will thrash them by?