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

[bkbirge]

I'm guessing someone probably posted this already but besides the obvious CSW pot stirring, I think it is interesting and a bit scary that exchanges continue to dominate holdings. Seems folks really don't get the importance or don't care that if you don't hold your private keys you don't hold your funds.

Compiled by monitoring resource Glassnode, the statistics covering Bitcoin exchange balances show that as of Jan. 8, they controlled 2.12 million BTC — 11% of the supply.

https://cointelegraph.com/news/no-it-wasnt-craig-wright-bitfinex-moves-1b-in-bitcoin-for-48-cents

[Paashaas]

$100,000.00 per BTC ?

Keep day dreaming, you need US for that to happen !

Well..there is no such thing as a free lunch tho, someone needs to pay for our retirement.

Thank you in advance.

[El duderino_]

$100,000.00 per BTC ?

Keep day dreaming, you need US for that to happen !

Attention seeker....

Go to cryptotalk.org —-> where get paid for every post and not necessarily have to be ethical or morally good...

Exactly your place

Cheers

[LFC_Bitcoin]

$100,000.00 per BTC ?

Keep day dreaming, you need US for that to happen !

[DaRude]

This is big:

A new Bitcoin boom?Grayscale reports record crypto investments for 2019

Digital currency manager Grayscale took in $607 million of investments in 2019, an amount that outstripped its collective inflows of the previous five years.

From their report:

Most significant asset raising year in Grayscale’s history: Investment for FY19, totaled $607.7 million, surpassed combined investment into all Grayscale’s products from 2013 through 2018.
Largest quarterly investment to Grayscale® Bitcoin Trust ever: With $193.8 in 4Q19, investment into Grayscale Bitcoin Trust exceeded the $171.7 million in investment raised in 3Q19.

The current situation is this one:



Please note the relative size of Bitcoin Investments comparet to shitcoins.

So back of the envelope calculations:

USD 607 millions@BTCUSD8,000 means roughly 75,000 bitcoins were bought this year.
After the halving each year 6.25*24*365 Bitcoins will be mined.
This means Greyscale alone more than 20% of Bitcoins.

How cannot be bullish?
This is Stock to Flow in full power!

Maths are hard
6.25*6*24*365

but yeah the point stands. Can't wait till ETF

[fillippone]

<...>
So back of the envelope calculations:

USD 607 millions@BTCUSD8,000 means roughly 75,000 bitcoins were bought this year.
After the halving each year 6.25*24*365 Bitcoins will be mined.
This means Greyscale alone more than 20% of Bitcoins.

How cannot be bullish?
This is Stock to Flow in full power!

<...>

Maths are hard
6.25*6*24*365

but yeah the point stands. Can't wait till ETF

Maths are hard, typing harder: the calculations are right, the typing is wrong.
6.25*6*24*365=328,500
75,000/328,500=23%

[d_eddie]

https://bitcointalk.org/index.php?topic=178336.msg53615001#msg53615001

7 pages of this photo and nobody saw the WO, just come to the girls.

The WO sign is so prominent in the foreground that it seemed to need no additional highlight (especially here).  Relevant crypto women, on the other hand, are rare enough, so the two visible chicks made me curious. I wondered if they're just random bimbos with photoshopped bodies or actual significant voices in the choir.

[Cryptotourist]

Even gembitz doesn't deserve the extent of treatment he's received here.  I get the entertainment factor, I personally miss some of the quality trolling.    

I'll disagree with you on this one.
Aside the entertainment factor, he is semi-dangerous.

Speaking of which, the absolute-cunt is loose:

I'm a faggot!

[bitserve]

Has anybody here ever bought BSV?

Please, be honest guys. I could do with a good laugh.

Don't be coy. You *know* I did.

Laugh all you want.

Just getting started.

Looks like it turned out to be a good trade (speculation wise) but... I have to ask, you still a firm believer of BSV?

I mean, considering who are the main promoters (CSW, Ayre, etc) and all the circus that surrounds them... Haven't you had a second thought on the matter?

Don't you think it is a house of cards about to fall any moment from now?

OTH, I still think what you are doing is hedging a more than profitable position in any case. Which could be reasonable in YOUR case. Insurance has a cost.

[JayJuanGee]

https://bitcointalk.org/index.php?topic=178336.msg53615001#msg53615001

7 pages of this photo and nobody saw the WO, just come to the girls.

The WO sign is so prominent in the foreground that it seemed to need no additional highlight (especially here).  Relevant crypto women, on the other hand, are rare enough, so the two visible chicks made me curious. I wondered if they're just random bimbos with photoshopped bodies or actual significant voices in the choir.

I am skeptical that there would be more than one gal/chick in the whole of crypto...  

Perhaps everyone else knows this too, so that is why no one here has been able to dance into an attempted answer of your question, so far...  You have really stumped the chumps, this time.     

[bitserve]

^ Please don't feed the troll. Thanks. ^

[bitebits]

This is big:

A new Bitcoin boom?Grayscale reports record crypto investments for 2019

Digital currency manager Grayscale took in $607 million of investments in 2019, an amount that outstripped its collective inflows of the previous five years.

From their report:

Most significant asset raising year in Grayscale’s history: Investment for FY19, totaled $607.7 million, surpassed combined investment into all Grayscale’s products from 2013 through 2018.
Largest quarterly investment to Grayscale® Bitcoin Trust ever: With $193.8 in 4Q19, investment into Grayscale Bitcoin Trust exceeded the $171.7 million in investment raised in 3Q19.

The current situation is this one:



Please note the relative size of Bitcoin Investments comparet to shitcoins.

So back of the envelope calculations:

USD 607 millions@BTCUSD8,000 means roughly 75,000 bitcoins were bought this year.
After the halving each year 6.25*24*365 Bitcoins will be mined.
This means Greyscale alone more than 20% of Bitcoins.

How cannot be bullish?
This is Stock to Flow in full power!

Maths are hard
6.25*6*24*365

but yeah the point stands. Can't wait till ETF

Source: https://grayscale.co/insights/grayscale-q4-2019-digital-asset-investment-report/

(you can enter fake data to download the full pdf report)

[Cryptotourist]

You must be a faggot, didn't you say when you first appeared, that the offer is on limited time, and once expired you would go - never to be seen again?

How are we supposed to trust you, you toothless faggot?
(don't get confident now, I was just making a point)

[Cryptotourist]

^ Please don't feed the troll. Thanks. ^

I'll ignore him now.

edit:

[d_eddie]

....... the real value of the BTC is definitely BTC+BCH+BSV (+BTG and other offsprings), so they say, which is at least true for unclaimed coins mined before the chainsplit(s).......

Seems like a real erroneous way of thinking about these matters.

Who fucking cares if some coins share a transactional history with bitcoin?  It is nearly irrelevant.  It does not mean much if anything in terms of actual value.  We should have learned that, after the bcash fork.

I think @makrospex's assessment is correct.  Consider the difference in value between btc in addresses that haven't moved since before the bch fork and btc minted today.  You can still extract BCH, BSV, BTG, and so on from the former, but not from the latter.

Which of course doesn't imply bcash & co. are more than altcoins.

[VB1001]

Ha ha, I hear the hammer, it's on its way.

[VB1001]

https://bitcointalk.org/index.php?topic=178336.msg53615001#msg53615001

7 pages of this photo and nobody saw the WO, just come to the girls.

The WO sign is so prominent in the foreground that it seemed to need no additional highlight (especially here).  

Maybe, but I'm pretty sure it went unnoticed, if someone had commented, I would have won 1 sM.

[d_eddie]

You must be a faggot, didn't you say when you first appeared, that the offer is on limited time, and once expired you would go - never to be seen again?

How are we supposed to trust you, you toothless faggot?
(don't get confident now, I was just making a point)

Hard sarcastic blow!
Toothless faggot delivers...


...better you-know-whats




#haiku

TL;DR Being toothless can be a selling point sometimes.

[d_eddie]

https://bitcointalk.org/index.php?topic=178336.msg53615001#msg53615001

7 pages of this photo and nobody saw the WO, just come to the girls.

The WO sign is so prominent in the foreground that it seemed to need no additional highlight (especially here).  

Maybe, but I'm pretty sure it went unnoticed, if someone had commented, I would have won 1 sM.

I didn't merit you only because I'm short, and you're well above 1k already!

[d_eddie]

Who is US ? Your headmates ?

Or the United States (to inflate USD just a little bit more)?