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

[LFC_Bitcoin]

Imagine selling your BTC @ 42k/43k less than 4 months before the block reward halvening.

What kind of beta male behaviour is that?

HODL your ground gentlemen, destination moon.

[AlcoHoDL]

Imagine selling your BTC @ 42k/43k less than 4 months before the block reward halvening.

What kind of beta male behaviour is that?

HODL your ground gentlemen, destination moon.

The ascent starts on Monday the 22nd.

HoDL.

[philipma1957]

Buddy finally surpassed philipma1957.


https://bitcointalk.org/index.php?action=stats

yeah its done.

[Volgastallion]

I share with all of you some predictions of forum members talking about the price of BTC in mid year, after the Halving, seems like the vast mayority were not super euphoric.






As far as i can see in a very rapid way, the mayority is not super bullish for this first half of the year. Only Dany went nut and put a 91.000.

This comes from my contest. Im gonna organized something in mid year so keep on track, maybe some related to NBA so the people from USA suits better.

[jojo69]

Buddy finally surpassed philipma1957.


https://bitcointalk.org/index.php?action=stats

yeah its done.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[bitmover]

I just want to mention, if you haven't seen it yet, you should check out FeeBuddy in the Mempool Observer Topic. Its a cool bot created by bitmover:

     

• fastestFee: 66 sat/vB
• halfHourFee: 61 sat/vB
• hourFee: 56 sat/vB
• economyFee: 48 sat/vB
• minimumFee: 24 sat/vB

It posts once every 6 hours with the current fee estimates. I keep track of new posts by visiting "Show unread replies..", so you know, reply once in the topic and you'll always see it when it updates. Or of course add it to your Watchlist if you want (does anyone actually use that?).

Thanks for mentioning

I created this bot inspired by ChartBuddy!

I just added a new function to him. He is now going to post a chart of the last 3 days fees. This will come up in the next post!

[OgNasty]

The market seems to have found a price it’s happy with at the moment. We’ll have to wait for the ETF to scoop up all the free floating BTC and start hitting up public markets before another big move. It’s anyone’s guess how long that will take, but after this week we should have a little better idea about the ongoing demand.

[Biodom]

And Bitcoin has bounced back
Stay above 42900 and up up we go.
50K before next week runs out.

Obviously, i close my eyes and i see Bitcoin already at 50k before the week runs out. Does anyone here doubt my speculation? i can bet on this lol . Even the parliament and judges of the circle cannot stop it from happening .

Humble respect to them

With GBTC fees 130basis points over their direct competitors, there's really no good reason for anyone to be with them, so looks like they've accepted their fate and just milking people as they exit. But they still have $26B AUM so it might take longer than a week for them to unwind.

You keep repeating this over and over...hoping that one day it would be correct?

If somebody sold GBTC on day one and immediately transferred to, say, ibit without knowing how well it will track or where it stands vs NAV, they lost 10-15%, which corresponds to GBTC fees in a DECADE or so.

I just hope it wasn't someone here  

Would be interesting to see where you're getting those numbers at? Haven't figured out a good way to track live price to NAV, but on the second day when GBTC had $484,1MM outflows Bloomberg put their discount to -117 to IBITs premium of +16 basis points. So actually, GBTC is the only outlier on the tracking! Since all current ETFs are cash creation/redemption GBTC had to sell those BTC, such amounts would cause slippage thus the discount.

GBTC had a ~5% discount from the get go and ibit started from about 10% premium, check the first day: GBTC lost 5%, ibit about 10%...so, flipping GBTC to ibit resulted in an immediate haircut. Now, that GBTC discount is "only" 1.17%, feel free to flip... I do feel that freedom now
EDIT: I calculate current discount to NAV as 0.4% in GBTC.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[vapourminer]

Buddy finally surpassed philipma1957.


https://bitcointalk.org/index.php?action=stats

yeah its done.

F

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Biodom]

The market seems to have found a price it’s happy with at the moment. We’ll have to wait for the ETF to scoop up all the free floating BTC and start hitting up public markets before another big move. It’s anyone’s guess how long that will take, but after this week we should have a little better idea about the ongoing demand.

Gold ETF had 9 mo of "chop" to a small down.
I'll give btc ETF half a time, which "coincidentally" would be at around halving  
We could see a pop just prior a la May-June 2016 (it was a $439 to $763 "pop" back then or 74%).
I am not predicting the same %, but it could "rhyme".

[AlcoHoDL]

[...]

Looking at this image, I can't help but wonder...

Why TF does a robot need teeth?

[Hueristic]

[...]

Looking at this image, I can't help but wonder...

Why TF does a robot need teeth?

https://www.youtube.com/watch?v=DysVqI9zTEA

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

[...]

Looking at this image, I can't help but wonder...

Why TF does a robot need teeth?

https://www.youtube.com/watch?v=DysVqI9zTEA

 Oh!  Right... the teeth support the nose which in turn supports the cool shades.
Also, I think these terminator robots were supposed to "blend in" while indiscriminately blowing away anything that gets in the was of their objective(s).

[AlcoHoDL]

[...]

Looking at this image, I can't help but wonder...

Why TF does a robot need teeth?

https://www.youtube.com/watch?v=DysVqI9zTEA

Oh yes, Terminator, I forgot... It just looks so odd... The only human-looking part remaining...

[xhomerx10]

[...]

Looking at this image, I can't help but wonder...

Why TF does a robot need teeth?

https://www.youtube.com/watch?v=DysVqI9zTEA

Oh yes, Terminator, I forgot... It just looks so odd... The only human-looking part remaining...

 I'll refresh your memory -



  

 edit: oops.  Wrong gif.  It was this one:

 I have far too many Arnold gifs.

[Hueristic]

[...]

Looking at this image, I can't help but wonder...

Why TF does a robot need teeth?

https://www.youtube.com/watch?v=DysVqI9zTEA

 Oh!  Right... the teeth support the nose which in turn supports the cool shades.
Also, I think these terminator robots were supposed to "blend in" while indiscriminately blowing away anything that gets in the was of their objective(s).

https://www.youtube.com/watch?v=RqW6AkTFYQA