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

[bitserve]

37º here. Which is just about right for this time of the year. I love summer.

[realr0ach]

Senate Banking Committee to Hold Hearing on Crypto Regulation

Me and Mnuchin are gonna drop the hammer on this bitch.

[Biodom]

A beginner's guide to recognizing and changing negative thoughts:

https://www.inc.com/amy-morin/a-simple-but-effective-mental-strength-exercise-designed-for-kids-that-works-great-for-adults-too.html

[fillippone]

Senate Banking Committee to Hold Hearing on Crypto Regulation

Me and Mnuchin are gonna drop the hammer on this bitch.

Mnuchin is not going to touch/be touched by any bitch, I am afraid.

[fillippone]

Challenge accepted!

Mnuchin Says He Won’t Be Talking About Bitcoin in 10 Years

I won’t be talking about bitcoin in 10 years, I can assure you that. I would bet even in five or six years [that] I won’t be talking about bitcoin as Treasury Secretary, I’ll have other priorities. I can assure you I’ll personally not be loaded up on bitcoin.

To me SM is this image:



Nice sentence on the article:

Secretary Mnuchin has even gone as far as to liken bitcoin with Swiss-numbered accounts. One wonders how money launderers got by before Satoshi Nakamoto created BTC.

The likes of Wells Fargo and the Commonwealth Bank of Australia (CBA) have helped launder billions of dollars via fiat.

[btcbeliever]

the next 30 days direction probability of btc price action, I think is split 50-50 between going up around 11,000 or down to the 9000 area.  

I just put a chunk of my btc holdings into celsius.network to earn interest, so I want it to go up to get better interest.
The interest is paid in btc, but I'm gonna sell for fiat the interest payments as I receive them.
The suspense is building.

[bitcoinPsycho]

Just had a word with boris and hes going to be expelling jonov

[realr0ach]

Can you please stop these anti-semitic attacks on Steven Mnuchin.

[VB1001]

#bitcoin chart in viridis colour palette.

It is pretty and it is better for color blind people, also the extreme data points stand out more.

https://twitter.com/100trillionUSD/status/1153968302982672385

Apart from the graph, he thinks about all the details, this is fine.

[JayJuanGee]

Senate Banking Committee to Hold Hearing on Crypto Regulation

Me and Mnuchin are gonna drop the hammer on this bitch.

What the fuck do you, diptwat, have to do with anything beyond spreading FUD and other various nonsense on the interwebs?  

Projecting some kind of status/position/alliance on yourself?

Yeah, right...  

Likely you have been reading too many "grandma and me" books, and just substituted "Mnuchin and me."  Good job.

[realr0ach]

It is time to drop the hammer and foreclose on those digital shitcoins:

[bkbirge]

#bitcoin chart in viridis colour palette.

It is pretty and it is better for color blind people, also the extreme data points stand out more.

https://twitter.com/100trillionUSD/status/1153968302982672385

Apart from the graph, he thinks about all the details, this is fine.

At first glance that looks 2nd order but if you remove the large gap up jump at the front then it looks more linear. If the former then that would predict a 2021 price of around $10k, if the latter a 2021 price of $100k, just by a rough eyeball guesstimate.

[jbreher]

I just put a chunk of my btc holdings into celsius.network to earn interest

A quarter-old entity based in a remote area of the world? What could possibly go wrong?

[VB1001]

Good news for Bakkt? NYDFS announces crypto licensing division

The New York State Department of Financial Services (NYDFS) yesterday announced the creation of a new division for licensing crypto-businesses.

The ‘Research and Innovation’ Division will supervise and license virtual currencies, address financial inclusion through technology, protect consumer data rights, and encourage innovation in the financial services marketplace.

https://bitcoinist.com/good-news-for-bakkt-nydfs-announces-crypto-licensing-division/

[jojo69]

winning!

[gallianooo]

- 400$ in a minute.

Back again to 9.5K 

[VB1001]

No problem.

Pantera Capital CEO Expects Bitcoin Price to Reach $356,000 by 2022

Morehead's comments about the price of Bitcoin were brought on when he was asked by Shin where we currently are in the development of blockchain technology.

Morehead said that people should realize that we are only 10 years into a two-decade long project, and that for the people who use Bitcoin as a "proxy" for the crypto space, they should note that if we zoom out a bit and look at the price chart for Bitcoin over a period that is longer than year, the Bitcoin price is always going up. AT his own firm, Morehead pointed out that they do not worry about short term fluctuations in the price of Bitcoin and they have more of a 3-5 year timeframe in mind.

https://www.cryptoglobe.com/latest/2019/07/pantera-capital-ceo-expects-bitcoin-price-to-reach-356000-by-2022/

[fillippone]

No problem.

Pantera Capital CEO Expects Bitcoin Price to Reach $356,000 by 2022

Morehead's comments about the price of Bitcoin were brought on when he was asked by Shin where we currently are in the development of blockchain technology.

Morehead said that people should realize that we are only 10 years into a two-decade long project, and that for the people who use Bitcoin as a "proxy" for the crypto space, they should note that if we zoom out a bit and look at the price chart for Bitcoin over a period that is longer than year, the Bitcoin price is always going up. AT his own firm, Morehead pointed out that they do not worry about short term fluctuations in the price of Bitcoin and they have more of a 3-5 year timeframe in mind.

https://www.cryptoglobe.com/latest/2019/07/pantera-capital-ceo-expects-bitcoin-price-to-reach-356000-by-2022/

You don’t need to be an head of a multi billion hedge fund to understand that.

I start anyway to believe that next halving is crucial.
I don’t know if it’s priced in or not (my gut feeling tells me it’s not), but if price don’t move seriously upward as PlanB suggests, maybe even lagging SF model for up to one year after May 2020, then we could have a proper test of bitcoin value proposition as an experiment of Store of Value/digital gold.
All the institutional money that is supposedly flowing into Bitcoin is surely looking into that.

I believe in bitcoin, but it's not a religious approach, it's not faith based on dogmas.It's a rational expectation of the market pricing correctly all the feature of the protocol.

[VB1001]

No problem.

Pantera Capital CEO Expects Bitcoin Price to Reach $356,000 by 2022

Morehead's comments about the price of Bitcoin were brought on when he was asked by Shin where we currently are in the development of blockchain technology.

Morehead said that people should realize that we are only 10 years into a two-decade long project, and that for the people who use Bitcoin as a "proxy" for the crypto space, they should note that if we zoom out a bit and look at the price chart for Bitcoin over a period that is longer than year, the Bitcoin price is always going up. AT his own firm, Morehead pointed out that they do not worry about short term fluctuations in the price of Bitcoin and they have more of a 3-5 year timeframe in mind.

https://www.cryptoglobe.com/latest/2019/07/pantera-capital-ceo-expects-bitcoin-price-to-reach-356000-by-2022/

You don’t need to be an head of a multi billion hedge fund to understand that.

I start anyway to believe that next halving is crucial.
I don’t know if it’s priced in or not (my gut feeling tells me it’s not), but if price don’t move seriously upward as PlanB suggests, maybe even lagging SF model for up to one year after May 2020, then we could have a proper test of bitcoin value proposition as an experiment of Store of Value/digital gold.
All the institutional money that is supposedly flowing into Bitcoin is surely looking into that.

I believe in bitcoin, but it's not a religious approach, it's not faith based on dogmas.It's a rational expectation of the market pricing correctly all the feature of the protocol.

I mean, that Bitcoin will take the path that it pleases, as always, in 2017, at the end of November, the BTC price was +/- 10,000 in mid-December was ATH in just 15 days.

The articles are interesting to take the pulse of the market from different angles.

This does not mean that I agree with them.

But, yes, I recognize that I am more BTCull than bear.

[fillippone]

No problem.

Pantera Capital CEO Expects Bitcoin Price to Reach $356,000 by 2022

Morehead's comments about the price of Bitcoin were brought on when he was asked by Shin where we currently are in the development of blockchain technology.

Morehead said that people should realize that we are only 10 years into a two-decade long project, and that for the people who use Bitcoin as a "proxy" for the crypto space, they should note that if we zoom out a bit and look at the price chart for Bitcoin over a period that is longer than year, the Bitcoin price is always going up. AT his own firm, Morehead pointed out that they do not worry about short term fluctuations in the price of Bitcoin and they have more of a 3-5 year timeframe in mind.

https://www.cryptoglobe.com/latest/2019/07/pantera-capital-ceo-expects-bitcoin-price-to-reach-356000-by-2022/

You don’t need to be an head of a multi billion hedge fund to understand that.

I start anyway to believe that next halving is crucial.
I don’t know if it’s priced in or not (my gut feeling tells me it’s not), but if price don’t move seriously upward as PlanB suggests, maybe even lagging SF model for up to one year after May 2020, then we could have a proper test of bitcoin value proposition as an experiment of Store of Value/digital gold.
All the institutional money that is supposedly flowing into Bitcoin is surely looking into that.

I believe in bitcoin, but it's not a religious approach, it's not faith based on dogmas.It's a rational expectation of the market pricing correctly all the feature of the protocol.

I mean, that Bitcoin will take the path that it pleases, as always, in 2017, at the end of November, the BTC price was +/- 10,000 in mid-December was ATH in just 15 days.

The articles are interesting to take the pulse of the market from different angles.

This does not mean that I agree with them.

But, yes, I recognize that I am more BTCull than bear.

VB1001, I am number one fan of PlanB.
When I am down I listen to his podcast at Stephen Livera and I immediately forget my worrings and RL problems.
I do believe in his models and I find those very innovative and hard to dismiss, given the test he made to prevent spurious correlations.

I am only pointing out that this if the first halving event put into test by "general public" and "institutional money", and if the effect on the price that we all here hope to see.. well then we could even fall back into a perma-cryptowinter.
Hopefully I am wrong, but all the bullishness we have seen around this event must be tested, in the end.