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Question: Price Target for Nov. 30, 2024:
<$75K - 3 (3.8%)
$75K to $80K - 1 (1.3%)
$80K to $85K - 2 (2.5%)
$85K to $90K - 9 (11.3%)
$90K to $95K - 12 (15%)
$95K to $100K - 13 (16.3%)
>$100K - 40 (50%)
Total Voters: 80

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26498183 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
sirazimuth
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December 24, 2019, 04:59:53 PM


Is that Mary with a beard?
d_eddie
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December 24, 2019, 05:12:45 PM
Merited by sirazimuth (1)


Like mother, like son.
sirazimuth
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December 24, 2019, 05:23:46 PM

Here ya go Roachie Poachie....have yourself  a happy, happy Hanukkah my friend!!
Last of the V8s
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December 24, 2019, 05:46:47 PM
Merited by El duderino_ (2), LFC_Bitcoin (1)

Shitcoiner, nobody, attention-whore, segwit2x traitor and all-round ugly girl has opinions:

1/ there is a very real possibility the price of bitcoin does not go up after halving. for the first time, there is a robust derivatives (futures, options) market for bitcoin. most firms looking to speculate on bitcoin will trade a derivative, not the underlying.
LFC_Bitcoin
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December 24, 2019, 05:53:54 PM
Merited by mindrust (1)

Shitcoiner, nobody, attention-whore, segwit2x traitor and all-round ugly girl has opinions:

1/ there is a very real possibility the price of bitcoin does not go up after halving. for the first time, there is a robust derivatives (futures, options) market for bitcoin. most firms looking to speculate on bitcoin will trade a derivative, not the underlying.

Silly slut, probably bitter she can’t even afford 1 whole BTC so she spends her life trying to manipulate the minds of those who can.
Biodom
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December 24, 2019, 06:01:15 PM

Shitcoiner, nobody, attention-whore, segwit2x traitor and all-round ugly girl has opinions:

1/ there is a very real possibility the price of bitcoin does not go up after halving. for the first time, there is a robust derivatives (futures, options) market for bitcoin. most firms looking to speculate on bitcoin will trade a derivative, not the underlying.

meh, but i agree that she is attention seeking. If halving is the dominant factor, then she would be proven wrong.
What is "real possibility" anyway?
IMHO any short term futures and options players would be taken down a notch, though.

Shitcoiner, nobody, attention-whore, segwit2x traitor and all-round ugly girl has opinions:

1/ there is a very real possibility the price of bitcoin does not go up after halving. for the first time, there is a robust derivatives (futures, options) market for bitcoin. most firms looking to speculate on bitcoin will trade a derivative, not the underlying.

...probably bitter she can’t even afford 1 whole BTC so she spends her life trying to manipulate the minds of those who can.

nah, she is somebody at Coinshares, a group with apparently $1bil investable assets.
Febo
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December 24, 2019, 06:02:13 PM

Shitcoiner, nobody, attention-whore, segwit2x traitor and all-round ugly girl has opinions:

1/ there is a very real possibility the price of bitcoin does not go up after halving. for the first time, there is a robust derivatives (futures, options) market for bitcoin. most firms looking to speculate on bitcoin will trade a derivative, not the underlying.

She is right at what she is posting latter. But the first post you quoted is really silly. Bitcoin price is so unstable that will be way different next week not just a year from now. The point she is right about is that future trading makes bitcoin more stable. So growths and declines will be less sharp. Both ways will be more stable not just the way up. And that is good, money need to be as stable as can be.
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December 24, 2019, 06:10:06 PM

Shitcoiner, nobody, attention-whore, segwit2x traitor and all-round ugly girl has opinions:

1/ there is a very real possibility the price of bitcoin does not go up after halving. for the first time, there is a robust derivatives (futures, options) market for bitcoin. most firms looking to speculate on bitcoin will trade a derivative, not the underlying.

Silly slut, probably bitter she can’t even afford 1 whole BTC so she spends her life trying to manipulate the minds of those who can.

Fuck this bitch. I wonder what makes her an expert about crypto. Another self-claimed bitcoin expert?

That's what I like about bitcoin anyway.

It always shits on clueless morons. Never misses.
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December 24, 2019, 06:12:58 PM
Merited by sirazimuth (1), Majormax (1)

She is right at what she is posting latter. But the first post you quoted is really silly. Bitcoin price is so unstable that will be way different next week not just a year from now. The point she is right about is that future trading makes bitcoin more stable. So growths and declines will be less sharp. Both ways will be more stable not just the way up. And that is good, money need to be as stable as can be.

The first serious derivative salvo arrived just at the death of the last bubble and since then it's been a steady decline into poo soup.

She's right to raise the possibility. That's unquestionably where most of the 'institutional investors' will prefer to go, but everything flies out the window if there's proper a bubble on or the sniff of one.

We need all this new guff to be present for another 2-3 complete cycles before its effects can be properly analysed. Until then it's just groping in the dark.
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December 24, 2019, 06:24:14 PM

Some institutional investors will go for derivatives or maybe even GBTC ... Some, who have the proper technical team and can do it, will buy the underlying. They might do it through Gemini, or they might try any of the other exchanges.
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December 24, 2019, 06:42:28 PM
Merited by LUCKMCFLY (1)

I want to take this moment to remember that exactly one year ago we were at around $3.5K and it was a hard blow after all the previous year unfulfilled dreams.

During 2019, it seems we have bottomed and doubled that.

What I mean is...



HAPPY XMAS TO ALL OF YOU WO BROTHELS



#nohomo #wosign #dyor
d_eddie
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December 24, 2019, 06:47:07 PM

I'll grant the benefit of doubt on this one, but maybe she designs hats?
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December 24, 2019, 06:58:52 PM
Merited by El duderino_ (3)

Shitcoiner, nobody, attention-whore, segwit2x traitor and all-round ugly girl has opinions:

1/ there is a very real possibility the price of bitcoin does not go up after halving. for the first time, there is a robust derivatives (futures, options) market for bitcoin. most firms looking to speculate on bitcoin will trade a derivative, not the underlying.

Verba volant, scripta manent.

Let's see her in 3 years, when she'll be FOMOing the $100k/BTC train...

First they ignore you,
then they laugh at you,
then they fight you,
then you win.
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December 24, 2019, 07:16:17 PM
Merited by JayJuanGee (1)

She is right at what she is posting latter. But the first post you quoted is really silly. Bitcoin price is so unstable that will be way different next week not just a year from now. The point she is right about is that future trading makes bitcoin more stable. So growths and declines will be less sharp. Both ways will be more stable not just the way up. And that is good, money need to be as stable as can be.

The first serious derivative salvo arrived just at the death of the last bubble and since then it's been a steady decline into poo soup.

She's right to raise the possibility. That's unquestionably where most of the 'institutional investors' will prefer to go, but everything flies out the window if there's proper a bubble on or the sniff of one.

We need all this new guff to be present for another 2-3 complete cycles before its effects can be properly analysed. Until then it's just groping in the dark.


As posters have said, nobody can claim to know for sure, and that includes the most bullish cheerleaders....

So, there is indeed a possibility that BTC does not rise due to the next halving. There have only been 2 halvings so far, way too little for a certain judgment.  Price is always dependent on demand first and foremost... supply is important, but it is secondary.

The next bubble, if and when it happens , will have to be a function of a very large amount of fresh capital entering the market. The numbers required are much larger now than in previous bull phases.
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December 24, 2019, 07:30:39 PM
Last edit: December 24, 2019, 08:20:19 PM by AlcoHoDL
Merited by JayJuanGee (1)

She is right at what she is posting latter. But the first post you quoted is really silly. Bitcoin price is so unstable that will be way different next week not just a year from now. The point she is right about is that future trading makes bitcoin more stable. So growths and declines will be less sharp. Both ways will be more stable not just the way up. And that is good, money need to be as stable as can be.

The first serious derivative salvo arrived just at the death of the last bubble and since then it's been a steady decline into poo soup.

She's right to raise the possibility. That's unquestionably where most of the 'institutional investors' will prefer to go, but everything flies out the window if there's proper a bubble on or the sniff of one.

We need all this new guff to be present for another 2-3 complete cycles before its effects can be properly analysed. Until then it's just groping in the dark.

As posters have said, nobody can claim to know for sure, and that includes the most bullish cheerleaders....

So, there is indeed a possibility that BTC does not rise due to the next halving. There have only been 2 halvings so far, way too little for a certain judgment.  Price is always dependent on demand first and foremost... supply is important, but it is secondary.

The next bubble, if and when it happens , will have to be a function of a very large amount of fresh capital entering the market. The numbers required are much larger now than in previous bull phases.

Cost of production also plays a major part... Cutting production (per block) in half, while cost of production (per block) remains the same, could make mining unprofitable, unless the price rises.

Edit: Rephrased last sentence.
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December 24, 2019, 07:36:45 PM
Merited by LUCKMCFLY (1)

All the kids in the house are sleeping, finally.
Time to wish you all a cozy christmas eve  Grin
#hodl
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December 24, 2019, 08:27:45 PM

Working on the same outcome

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December 24, 2019, 08:31:08 PM

Best performing investments of the decade:

https://twitter.com/JamesTodaroMD/status/1209523537217806341
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December 24, 2019, 08:40:21 PM

...Cutting production (per block) in half, while cost of production (per block) remains the same, could make mining unprofitable, unless the price rises.



..but it doesn't actually affect the price per se. Mining becomes unprofitable, hashrate falls, difficulty falls. The price drives this action, this action doesn't drive the price. Aggregate demand is always key to price changes, and it dances mainly to other tunes.
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December 24, 2019, 08:43:44 PM
Merited by JayJuanGee (1)

Nice ..

Quote
Bloomberg and
@TheStalwart
 🤣🤣🤣
Last year (2018) you compared bitcoin to tulips and predicted btc would go to zero in 2019 or 2020.
Have You No Shame?



Source: https://twitter.com/100trillionUSD/status/1209455953587974144


Merry Christmas WO!
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