Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 11811. (Read 26715496 times)

I am getting %3 (after taxes) for my usd here in Turkey. There are banks giving more than 4.5% for USD. 2.5% for Euro. One of few advantages living in a corrupted country.

It is still a risky investment though i am quite happy with the returns especially for a shit investment like this.

I am getting around 200 usd/month just from interest and buying crypto with it. Feels quite good. :d

What is Bitcoin?
It is just this.
It cannot be rendered into price.
If you insist on an explanation,
This means exactly this.

(inspired by Lu Tung Pin)

via Imgflip Meme Generator

https://twitter.com/msantoriesq/status/1088129402959990784?s=21

https://twitter.com/CoinDeskMarkets/status/1088394673968857088

BITCOIN=BULLISH by nature, nothing more to ADD to it

https://twitter.com/NorthmanTrader/status/1088042834664542208

horror comes to end.
Need bitcoin to rise and shine.
Bears stand in my way.

Okay time for conspiracy-theory! This is mine,

They want to use the ETFs to manipulate the price by buying futures before buying millions of $ in BTC to raise the price, then they short the ETFs and sell all their BTC to crash the price. Finally they cash out on ETFs.
Combine this with the manipulation of news and you can see how the rich can control everything.

Their only problem is that Bitcoin's futures don't have much volume right now, so they can't do a multi-million manipulation... they would only trade against themselves.
This could change with the approval of ETFs, but before that they want to buy as many cheap BTC as possible to have something to sell after they short.
So what I'm seeing right now is that we're in the phase they're accumulating, but in order to keep the prices low they're playing with the news and control the SEC's approval.


One way with which they might have managed to drive us in this situation is by making people believe that ETF = Moon.
This propaganda was easy to spread, they were ready to buy a lot of Bitcoins the moment the news of an imminent approval to raise the price and ready to dump them when they'd release news of delays.
After a while people started believing that the Bitcoin's price is relevant to ETFs, but as it's already said....

In any case, people will keep selling their Bitcoins cheap based on irrelevant news.

Unfortunately, THIS IS A WAR and if we want to win this, the first step is to accept there's an enemy; then realise the weapons in the enemy's arsenal and finally finding counters to these weapons.

I get exactly 0%. And inflation is well over your 2%. What planet...

My UK ISA is 1%.
I was just saying 2% as a macx hence ‘if you’re lucky’.


I’ll drink to that!

Agree we don't need An BTC ETF. With or without ETF we are going to see 100k + USD according to nearly all prediction models and regression analysis at the next bull run bubble. They can not stop it. In addition, a global economic crisis which is near will accelerate the period.
Buy as much as you can at these prices.

Jan Van Eck explained on CNBC that the current state of the SEC due to the ongoing US government shutdown meant negotiations would only reopen at a later date.

https://youtu.be/Xd9r3ARDUNA (it's a 2 minutes interview)

"Instead of just trying to slip through, we had the application pulled, and we will refile and reengage in the discussions when the SEC gets going again."

He also admits in the video that some more meetings would have been necessary to convince the SEC but that wasn't possible due to the shutdown.

^
yeah thats it with inflation I think we lose on saving @the moment .....

Banks are shit but still 2% is rather common.

I got 3% and it's not under heavy conditions and it's rather risk-free. But if you consider inflation it's only a 1/1.5% net gain.

So BTC wins anyway.

2% of actual increase on top of the 10K, what country, planet are you from..... we have to pay for having a bank account, and probably the time will come we have to pay, to may save money on a/that bank account

^^
yeah BTC has its very VERY unpredictable ways of behavior, but the halving will have its impact @some point, maybe not as suggested there, or how 1000 other guys are suggesting it, but it will have its impact @ some point, for us HODLERS only one thing important
sit on top of our stashes, increase while their cheap and when its possible to increase some

Now is definitely the time to buy. Think of it this way - Let’s say you have $10,000 in a fiat savings account. It will earn maybe 2% interest per year (if you’re lucky).

There are good & bad times to buy bitcoin. Buying at what seems like the bottom or at least close to the bottom of a cycle after a new ATH it definitely a good time.

Let’s say you put half of that $10,000 into bitcoin now. I think it’s safe to assume that you’re very, very likely to see that money outperform your fiat savings account by a big % 12-18 months from now.

Well I'd quite like that.
It means we still have a few months of price dumping. So I got a few months to buy more coins. And at an even lower price. I'm all for it.
This seems a bit too reasonnable though.

EVERYONE is expecting the halving to have a huge impact... I wonder if that will be the case considering if anyone takes something for granted, it means the opposite might happen on a market.

and I just hope not the wrong people are buying (so many doesn't deserve BTC @these cheap prices), just hope they are not buying yet, and will just start @ little pre next ATH or something.....
then get rekt a little and so on .....
having a good morning, a good coffee, but have to visit that place again maybe were they make those special print on top of my COFFEE
little hopium injection of the day

https://twitter.com/RedditBTC/status/1088366110997663745