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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25909. (Read 26608133 times)

legendary
Activity: 1078
Merit: 1441
https://hitbtc.com/market-analytics

"Talk is also starting to pick up in Bitcoin circles that big players might be considering taking some profits from their early entries and mining profitability is starting to get stressed at these prices. "

Tone Vays is a 10 year veteran of Wall Street working for the likes of JP Morgan Chase and Bear Sterns within their Asset Management divisions. Trading experience includes Equities, Options, Futures and more recently Crypto-Currencies. He is a Bitcoin believer who frequently helps run the live exchange (Satoshi Square) at the NYC Bitcoin Center and more recently started speaking at Bitcoin Conferences worldwide. He also runs his own personal blog called LibertyLifeTrail.


Thoughts?

Would be a daft time to take profits.... if they did not take profits between $800-$1300
How many coins where bought between 150$ and 350$ ?
That is the question..

Well the answer  to your question for me is = Not enough coins - should have bought more  Angry As I was confident that BTC had a bright future.

I cannot speak for everyone that bought a few years back... but a year ago I did not sell, because I thought BTC will have a bright future...

Fast forward a year later..... BTC is still here... and the future is even brighter and BTC is even stronger... (only a blind man cannot see this)

So therefore, for me , now is not the time to sell....

But then I have no intention to sell when we reach the next ATH either.




legendary
Activity: 1498
Merit: 1000
https://hitbtc.com/market-analytics

"Talk is also starting to pick up in Bitcoin circles that big players might be considering taking some profits from their early entries and mining profitability is starting to get stressed at these prices. "

Tone Vays is a 10 year veteran of Wall Street working for the likes of JP Morgan Chase and Bear Sterns within their Asset Management divisions. Trading experience includes Equities, Options, Futures and more recently Crypto-Currencies. He is a Bitcoin believer who frequently helps run the live exchange (Satoshi Square) at the NYC Bitcoin Center and more recently started speaking at Bitcoin Conferences worldwide. He also runs his own personal blog called LibertyLifeTrail.


Thoughts?

Analyst opinions are a lagging indicator.. don't pay attention to it. How the hell can you compare a payment system with a precious metal anyway?
Cypherdoc does it all the time Tongue
hero member
Activity: 614
Merit: 500
https://hitbtc.com/market-analytics

"Talk is also starting to pick up in Bitcoin circles that big players might be considering taking some profits from their early entries and mining profitability is starting to get stressed at these prices. "

Tone Vays is a 10 year veteran of Wall Street working for the likes of JP Morgan Chase and Bear Sterns within their Asset Management divisions. Trading experience includes Equities, Options, Futures and more recently Crypto-Currencies. He is a Bitcoin believer who frequently helps run the live exchange (Satoshi Square) at the NYC Bitcoin Center and more recently started speaking at Bitcoin Conferences worldwide. He also runs his own personal blog called LibertyLifeTrail.


Thoughts?

Analyst opinions are a lagging indicator.. don't pay attention to it. How the hell can you compare a payment system with a precious metal anyway?
legendary
Activity: 1498
Merit: 1000
https://hitbtc.com/market-analytics

"Talk is also starting to pick up in Bitcoin circles that big players might be considering taking some profits from their early entries and mining profitability is starting to get stressed at these prices. "

Tone Vays is a 10 year veteran of Wall Street working for the likes of JP Morgan Chase and Bear Sterns within their Asset Management divisions. Trading experience includes Equities, Options, Futures and more recently Crypto-Currencies. He is a Bitcoin believer who frequently helps run the live exchange (Satoshi Square) at the NYC Bitcoin Center and more recently started speaking at Bitcoin Conferences worldwide. He also runs his own personal blog called LibertyLifeTrail.


Thoughts?

Would be a daft time to take profits.... if they did not take profits between $800-$1300
How many coins where bought between 150$ and 350$ ?
That is the question..
sr. member
Activity: 378
Merit: 254
...
Would be a daft time to take profits.... if they did not take profits between $800-$1300

Dat hindsight...
legendary
Activity: 1078
Merit: 1441
https://hitbtc.com/market-analytics

"Talk is also starting to pick up in Bitcoin circles that big players might be considering taking some profits from their early entries and mining profitability is starting to get stressed at these prices. "

Tone Vays is a 10 year veteran of Wall Street working for the likes of JP Morgan Chase and Bear Sterns within their Asset Management divisions. Trading experience includes Equities, Options, Futures and more recently Crypto-Currencies. He is a Bitcoin believer who frequently helps run the live exchange (Satoshi Square) at the NYC Bitcoin Center and more recently started speaking at Bitcoin Conferences worldwide. He also runs his own personal blog called LibertyLifeTrail.


Thoughts?

Would be a daft time to take profits.... if they did not take profits between $800-$1300
hero member
Activity: 910
Merit: 1003
Don't forget he holds > 1.000.000 BTC. It may be hard to spend his coins without revealing some details about his identity to someone. If he is exposed, he doesn't have to care any more and dump, let's say, 100.000 BTC on the market to get some cash.

It is quite possible of course that he has other coins beside those known to be "Satoshi's coins", and has been spending those.
legendary
Activity: 1498
Merit: 1000
https://hitbtc.com/market-analytics

"Talk is also starting to pick up in Bitcoin circles that big players might be considering taking some profits from their early entries and mining profitability is starting to get stressed at these prices. "

Tone Vays is a 10 year veteran of Wall Street working for the likes of JP Morgan Chase and Bear Sterns within their Asset Management divisions. Trading experience includes Equities, Options, Futures and more recently Crypto-Currencies. He is a Bitcoin believer who frequently helps run the live exchange (Satoshi Square) at the NYC Bitcoin Center and more recently started speaking at Bitcoin Conferences worldwide. He also runs his own personal blog called LibertyLifeTrail.


Thoughts?
hero member
Activity: 504
Merit: 500
Moderator
Nom Nom Nom@Finex
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
someone would expect the price to go up after the Paypal news, or was it priced in already ?


I think paypal is already priced in, but not the way people would expect: smart money already shorted in anticipation of this news.



What I understand, when big merchants add Bitcoin as payment, it's not good news for short term.
Because Merchants just take payment in Bitcoin and convert into fiat on same time by using coinbase.
That is why price dropping even people think these news are very big for Bitcoin community.
sr. member
Activity: 378
Merit: 254
someone would expect the price to go up after the Paypal news, or was it priced in already ?

This has been going on for months now. Value is improving (so I'm happy) but price is completely disconnected from value in the short run.

That's because disruptive technology--old-fashioned economic modeling is obsolete Cool

nah, in the short term mr Market is crazy in the "old fashioned" economy as well. It's just that people can be really ignorant. And what makes up the market? That's right! Wink

You're either saying that the market is inherently irrational, thus immune to rational analysis (by definition), or?
I'd rather know what the ignorant sheeple will do, not what some hypothetical rational actor should do.  The first influences the market, and helps me trade, the second?  Not so much Cheesy
legendary
Activity: 1232
Merit: 1011
someone would expect the price to go up after the Paypal news, or was it priced in already ?


I think paypal is already priced in, but not the way people would expect: smart money already shorted in anticipation of this news.

legendary
Activity: 2324
Merit: 1125
someone would expect the price to go up after the Paypal news, or was it priced in already ?

Bitcoin is HUGELY overpriced, buy over 100$ is being an absolute dummy

This Ripple loving guy is so confused Sad
donator
Activity: 756
Merit: 500
-Bitcoin & Ripple-
someone would expect the price to go up after the Paypal news, or was it priced in already ?

Bitcoin is HUGELY overpriced, buy over 100$ is being an absolute dummy
legendary
Activity: 2324
Merit: 1125
someone would expect the price to go up after the Paypal news, or was it priced in already ?

This has been going on for months now. Value is improving (so I'm happy) but price is completely disconnected from value in the short run.

That's because disruptive technology--old-fashioned economic modeling is obsolete Cool

nah, in the short term mr Market is crazy in the "old fashioned" economy as well. It's just that people can be really ignorant. And what makes up the market? That's right! Wink
sr. member
Activity: 378
Merit: 254
someone would expect the price to go up after the Paypal news, or was it priced in already ?

This has been going on for months now. Value is improving (so I'm happy) but price is completely disconnected from value in the short run.

That's because disruptive technology--old-fashioned economic modeling is obsolete Cool
sr. member
Activity: 361
Merit: 250


sounds like a smart move to trade against the wind if the market moves against you just because you borrowed them so cheap

Same is true for the people who borrowed "cheap" USD.  Not sure what you mean with "trade against the wind". The overall trend over the last a few month has been down.

ah sorry i misread your posting...

anyway...we will see where the market is moving Smiley

Thought so... Agree again. It will be very interesting !  Cheesy
legendary
Activity: 2324
Merit: 1125
someone would expect the price to go up after the Paypal news, or was it priced in already ?

This has been going on for months now. Value is improving (so I'm happy) but price is completely disconnected from value in the short run.
sr. member
Activity: 434
Merit: 250
not to bull scammers like fonsie and others, they are still trying to fool people to buy, lets stop their cheating plan

Time will tell, who is the scammer... my gut says it's going to be you. Oh and for the record, I never said that people should buy now, they should decide that for themselves, only you are screaming to people that they should "cut loose".

Could you please answer the following question, instead of ignoring like the previous times.

If bitcoin is going nowhere but down, because insiders are selling, what are you trying to achieve by spending all of your time here? Say it once, come back when it hits 0$... No?? In the meantime you could have taken some English lessons.

Just as I expected, fallling keeps his mouth shut, because he has no idea to defend his nonsense.
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