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

[~Money~]

Can you guys feel the bullishness in the air or is it just me?

- Bitcoin in the media
- Friends slowly starting to ask about it
- The halvening
- Bears becoming buyers
- Institutions getting involved daily

Something big is coming

https://twitter.com/CharlesTheETH/status/1193247653594689536?s=20

we are waiting for this big thingy to come in last few months, but as i had wrote multiple times in last few weeks that november bitcoin will be hot topic around the markets, we just need to wait  a bit longer and see if that happens,

personally i dont expect much, but rumors can always make movements that we dont even expect

[Cryptotourist]

 

[Cryptotourist]

My...

[ivomm]

Inverse Ouch!

[bitserve]

[AlcoHoDL]

BIG, GREEN dildo incoming!!!

Contrary to popular belief, it's the length, not the thickness that matters!

[El duderino_]

Inverse Ouch!

[bitserve]

After the 83BTC on ONE single buy on finex like 5-10 minutes ago, it was obvious something was cooking

[serveria.com]

Noice pomp gals 

[El duderino_]

^
BoB's gonna like this morning    #no

[Raja_MBZ]

Making bitcoin volatile again.

[JimboToronto]

Good morn Bitcoinland.
Ninety ninety-three dollars.
(Bitcoinaverage).

Barted right back up
To where it was on Wednesday
That didn't take long.

[LUCKMCFLY]

The adoption will be massive in a very short time, since 50% of financial professionals believe that Bitcoin will surpass S&P 500 in 2020

According to a study carried out by Chainalysis, a cryptocurrency data analysis firm, across 350 professionals in the finance industry, 48.6% of them believe BTC will outshine S&P 500 index in growth rate in the next 12 months. Comparative to Bloomberg Barclays bond index, the housing index and equities, BTC emerged the favorite asset choice for the financial professionals in the short term.

Source: https://www.coinness.com/news/455282

[OROBTC]

BIG, GREEN dildo incoming!!!

Contrary to popular belief, it's the length, not the thickness that matters!

Just saw that bump up.  Just over $9000 (preev.com) moments ago.

Wonder what's up?

[El duderino_]

BIG, GREEN dildo incoming!!!

Contrary to popular belief, it's the length, not the thickness that matters!

Just saw that bump up.  Just over $9000 (preev.com) moments ago.

Wonder what's up?

10K.....

We will go K by K

[OROBTC]

The adoption will be massive in a very short time, since 50% of financial professionals believe that Bitcoin will surpass S&P 500 in 2020

According to a study carried out by Chainalysis, a cryptocurrency data analysis firm, across 350 professionals in the finance industry, 48.6% of them believe BTC will outshine S&P 500 index in growth rate in the next 12 months. Comparative to Bloomberg Barclays bond index, the housing index and equities, BTC emerged the favorite asset choice for the financial professionals in the short term.

Source: https://www.coinness.com/news/455282

I would agree with those pros, at least in this case.  

Further, I think that BTC will outperform equities which will outperform bonds which will outperform housing.  

Our lil ol family has just enough housing we own, and I think bonds may WAY underperform (as at some point interest rates will go up).

Chainalysis did not put gold as one of their choices I would note...  



EDIT:  Nor did Chainalysis mention that paying down DEBT is an investment too (where else are you going to "get" a savings of up to 18% (interest on credit card debt) that you would not pay in the future by unburdening yourself of credit card debt).  Debt is a killer if unwary.

EDIT 2:  Not an expert in much of the above.  Note that I have been wrong all three times I have participated in infofront's polls...

[UnDerDoG81]

How much must one bitcoin cost after halving to cover mining costs? Let's say in USA.

All factors being equal... one could say double than now (ie: $6Kx2=$12K). But factors are not and won't be equal. Hashrate, electricity cost, efficiency of new miners, cost of those new miners, overhead business costs, etc etc.... and more importantly which part of supply/FREE FLOAT is determined by mining sales.

In the end it all reduces to supply and demand... and mining is just a part of that supply.

Any PANIC/capitulation or FOMO/euforia phase can make mining costs completely somewhat irrelevant and disjointed from actual market price, at least in the short/medium term.

In other words, hard to predict accurately and somewhat irrelevant for most purposes.

I am just thinking of a scenario where wales decide to get out before halving and the price drops that much that mining is not worth it anymore and bitcoin dies. Not sure if I should get out at these prices and start living...

[jojo69]

eat my shorts man

[Last of the V8s]

Mighty green dildo:
Power on through the night. Need
Pesos in the morn.

still paying off on the girl's titties?

[Febo]

The adoption will be massive in a very short time, since 50% of financial professionals believe that Bitcoin will surpass S&P 500 in 2020

Bitcoin does and will always outpreform S&P 500, except in the year of retracing. After the ATH, so 2014, 2018 and 2022/2023.