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

[Febo]

One thing is sure by now. FED dont print those $75 billion a night to buy Bitcoin.

[btcbeliever]

Any opinions about this theory regarding a whale dumping 1.2million btc yesterday to crash the market?

https://bitcoinist.com/bitcoin-price-plunge-came-from-1-2b-sell-data-says-amid-hashrate-row/

[JayJuanGee]

^^
NP jbreher will keep pumping/supporting that one

Clearly BSV led that drop. Little ol' BTC merely caught in the wake.

or smth

Whatevs... I have all the time in the world.

One will not say that when he’s under the dirt......

No man got all the time in the world....

When one is in the catbird seat, the difference between the end of the world and 'it doesn't matter' is merely academic.

Well hopefully you are referring to you BTC investment rather than bcash or various varients of bcash, which are both likely to perform less well than bitcoin. 

Of course, if you have a smaller portion in bcash, then you still might do o.k., but not as well as if you ONLY held bitcoin. 

Past performance is not a guarantee of future results.

That's an evasive response if I had ever seen one.   

[serveria.com]

Any opinions about this theory regarding a whale dumping 1.2million btc yesterday to crash the market?

https://bitcoinist.com/bitcoin-price-plunge-came-from-1-2b-sell-data-says-amid-hashrate-row/

Looks legit 

[Gyrsur]

Any opinions about this theory regarding a whale dumping 1.2million btc yesterday to crash the market?

https://bitcoinist.com/bitcoin-price-plunge-came-from-1-2b-sell-data-says-amid-hashrate-row/

so Faketoshi's attempt to destroy BTC?  

[JSRAW]

Any opinions about this theory regarding a whale dumping 1.2million btc yesterday to crash the market?

https://bitcoinist.com/bitcoin-price-plunge-came-from-1-2b-sell-data-says-amid-hashrate-row/

Oh boy $1.2 billion

[VB1001]

For those who can't stand the pressure...

[Gyrsur]

on the way above don't look downwards too much!

[Last of the V8s]

hey
JJG
ltc
pump
therefore
....

[d_eddie]

Any opinions about this theory regarding a whale dumping 1.2million btc yesterday to crash the market?

https://bitcoinist.com/bitcoin-price-plunge-came-from-1-2b-sell-data-says-amid-hashrate-row/

Looks legit 

They gotta tell us the addresses or it didn't happen.

Which exchange? Did that exchange actually lead the dump? Are the 1.2 million all sold already? So we gotta work hard to buy back all them cheep coinz.

Yeah, legit for sure

[d_eddie]

hey
JJG
ltc
pump
therefore
....

...dee little tail dont wag no biggie doggie?

C'mon man, JJG hardly needs any tickling.  You're being nasty on purpose.

[makrospex]

Now BFakkt - 216 BTC

Now 52 BTC.
What a joke. Interest in Bitcoin isn't that high, i guess?

It resets each day.

So it is about 61 as I type.

https://www.theice.com/products/72035464/Bakkt-Bitcoin-USD-Monthly-Futures-Contract/data?marketId=6137541

The first day was about 72
The second day was 216
And so far the third day (still early in the day) is 61

Thanks, also fillippone cleared that up for me.
You know any further bakkt statistics resources, btw?

[El duderino_]

Good good my man BoB is back in the house

Mostly that’s a Bull sign

[bkbirge]

I'm curious how they are making money on this zero fee crypto exchange, I'm assuming it's a loss leader and they expect a typical member to also be buying stocks that do have fees?
https://cointelegraph.com/news/sofi-launches-zero-fee-crypto-trading-for-bitcoin-ether-litecoin

According to a report by Fortune, SoFi will obtain cryptocurrencies to fulfill its customer orders from Coinbase.

[VB1001]

Today's meaningless hopium...  The current 4 year CAGR implies a halving price of $23k, a peak of $700k followed by a crash to $100k.

https://twitter.com/ChartsBtc/status/1176893360688128000

[serveria.com]

Good good my man BoB is back in the house

Mostly that’s a Bull sign

You forgot the #nohomo part 

[fillippone]

Now BFakkt - 216 BTC

Now 52 BTC.
What a joke. Interest in Bitcoin isn't that high, i guess?

It resets each day.

So it is about 61 as I type.

https://www.theice.com/products/72035464/Bakkt-Bitcoin-USD-Monthly-Futures-Contract/data?marketId=6137541

The first day was about 72
The second day was 216
And so far the third day (still early in the day) is 61

Thanks, also fillippone cleared that up for me.
You know any further bakkt statistics resources, btw?

As far as I know that is the only source.
I am sure there will be more in the near future (pun intended).

[LFC_Bitcoin]

Today's meaningless hopium...  The current 4 year CAGR implies a halving price of $23k, a peak of $700k followed by a crash to $100k.

https://twitter.com/ChartsBtc/status/1176893360688128000

[toknormal]

All you folks got far too little patience expecting new highs around the corner. That spike that happened in December 2017 - chances like that don't come around like buses. That is gone for a long long time.

This chart here has about the right timeframe. Although the peak of each high is exponentially higher, the time between such surges gets longer and longer.

We're looking at 2021-2022 to recapture 20-20k again and 2023-4 for new highs.

[LFC_Bitcoin]

@toknormal - That chart has been posted loads of times before. It has us at $3,000 in October 2019.
So you have us hitting the halving at what, $4,000?

Come on, man!