Bitcoin Price Tracking & Discussion -- 2020

**ace7550** · 05-07-20, 12:50 PM

Originally posted by ChuckyTheGoat

Almost $10k. Does it hit today?

Does the $10k figure trigger a sell-off?

I'd guess that a lot of people will pull some profit out at 10k. I think there will be some resistance there.
4 days until halving. Should be exciting!

**asiagambler** · 05-07-20, 12:51 PM

Coronavirus best thing to happen to bitcoin

**raiders72001** · 05-07-20, 01:12 PM

Something big going to happen, just not sure which way. All coins aren't following bitcoin today.

**peacebyinches** · 05-07-20, 03:09 PM

Originally posted by ChuckyTheGoat

Not sure that I see much Bear sentiment. $9300 now, up 14% in L7 days.

Are we witnessing effect of Halvening? Or is this set up for the Whale Sell/buy at $10k?

yeah I got struck by FOMO today and bought in at $9800. Think I'm just going to sit back with what I have now and wait though. breaking 10k again would be pretty awesome, looks like it might very soon. Then let's see if it hangs on. I bet a lot of resistance at 10k, huge sellers wall on coinbase pro at 10k.

**BeatTheJerk** · 05-07-20, 07:22 PM

Originally posted by mrpapageorgio

Well you’re welcome everyone. As soon as I sell to just lock in profit, the price is shooting for $10k lol

**trytrytry** · 05-07-20, 08:58 PM

did I See a quick above 10k there few moments ago

**stevex** · 05-07-20, 09:15 PM

I feel like the key (and I’m just a beginner with this so take my thought with a grain of salt) is once it hits 9500 or 10,000 that it hovers around there in to the next day. Is that a key indicator the sky is the limit?

**mrpapageorgio** · 05-07-20, 09:42 PM

Originally posted by trytrytry

did I See a quick above 10k there few moments ago

It did break $10k for a few moments then fell back down. I'm assuming a lot of people took their profit.

**Reload** · 05-07-20, 10:11 PM

For what it’s worth, Bovada sent a large bitcoin payout today and it was a day earlier than my last two recently took. Wonder what that means for tomorrow

**stevex** · 05-07-20, 10:14 PM

Originally posted by Reload

For what it’s worth, Bovada sent a large bitcoin payout today and it was a day earlier than my last two recently took. Wonder what that means for tomorrow

Lol. Absolutely 0.

**Art Vandelay** · 05-07-20, 11:05 PM

Always good info in this thread - Bought March 17th, almost doubled in less than 2 months! Thanks boys

**blankoblanco** · 05-07-20, 11:19 PM

Originally posted by blankoblanco

If you have the assets to buy and you're not buying now, don't consider yourself an investor or a sharp, or anything

This is the freest money you'll ever see. Most of the time you're just speculating. There's no "speculation" that btc will get back to 10k and beyond. Just pay attention to history, jesus. Just trying to help, I'll be back to laugh at the doomsayers who couldn't see a good investment if it bit them in the ass

Posted this on 3/14 at 5k BTC price when people were panicking btw

**shocka1212** · 05-07-20, 11:38 PM

Originally posted by Art Vandelay

Always good info in this thread - Bought March 17th, almost doubled in less than 2 months! Thanks boys

x

**deadphish** · 05-08-20, 09:54 AM

1 Bitcoin = 9,974.70 US Dollar

NOW we're talkin!!!

**StackinGreen** · 05-08-20, 10:56 AM

Rocking and rolling. I still see one final pullback with the overbought market (bear rally) so we should see one last chance at BTC levels around 7k; gold and BTC haven't quite decoupled from the equity markets just yet. My tip to people is to make sure you have a firm, long position by the end of the year. And just hold for a longer time frame. Next year we will see a 20k valuation.

**ChuckyTheGoat** · 05-08-20, 04:56 PM

*Is BtC gravitating to 10,000?

Seems to be sticking there for an unusual length of time. Almost looks like there are selloffs at 10,002 and buy at 9,990.

Strange comment (by me). Just wondering.

**ace7550** · 05-08-20, 06:14 PM

It's been hovering at 10k all day. I thought it would either blow through it or retrace.

**blankoblanco** · 05-08-20, 10:37 PM

Originally posted by ChuckyTheGoat

*Is BtC gravitating to 10,000?

Seems to be sticking there for an unusual length of time. Almost looks like there are selloffs at 10,002 and buy at 9,990.

Strange comment (by me). Just wondering.

I was feeling the same way. Seems like there's a very noticeable (psychological?) effect around the 10k price, it's a bit interesting since I can't recall something so volatile hovering so firmly around a number for so long

**ChuckyTheGoat** · 05-09-20, 07:17 PM

What a selloff. Wow. Down 8% in < 48 hours??

**ChuckyTheGoat** · 05-09-20, 07:18 PM

Now < $9k. Is this even a real asset class??

**ChuckyTheGoat** · 05-09-20, 07:21 PM

What sort of bullshit is this? -18% from $10k.

**BeatTheJerk** · 05-09-20, 07:27 PM

Unreal

**Golden fleece** · 05-09-20, 07:32 PM

we now live in a world with AI and quantum computers

humans will never have any edge in any market ever again

**mrpapageorgio** · 05-09-20, 07:32 PM

I feel better about selling off now.

**ThaWoj** · 05-09-20, 08:00 PM

Of course after I just bought a bunch of alts for the first time in a while other than using them to gamble with.

**ChuckyTheGoat** · 05-09-20, 08:27 PM

Originally posted by mrpapageorgio

I feel better about selling off now.

Yeah, that's the thing. You can good TODAY. Or maybe for the next 4 hours.

12 hours from now, maybe you'll regret it. Anyone having a BtC Halving Party?

**StackinGreen** · 05-09-20, 08:34 PM

Originally posted by StackinGreen

Rocking and rolling. I still see one final pullback with the overbought market (bear rally) so we should see one last chance at BTC levels around 7k; gold and BTC haven't quite decoupled from the equity markets just yet. My tip to people is to make sure you have a firm, long position by the end of the year. And just hold for a longer time frame. Next year we will see a 20k valuation.

**StackinGreen** · 05-09-20, 08:35 PM

Originally posted by Golden fleece

we now live in a world with AI and quantum computers

humans will never have any edge in any market ever again

LOL, you aren't thinking big picture enough --- but you think you are, even more dangerous.

**Golden fleece** · 05-09-20, 08:48 PM

Originally posted by StackinGreen

LOL, you aren't thinking big picture enough --- but you think you are, even more dangerous.

well i should have added that if you are a human using them you will probably benefit otherwise you are purely gambling and most likely will get burned at some point. just like in sports

**themike78** · 05-09-20, 09:08 PM

Bitcoin will be worth about 1500 tommorow and then after this halving nonsense it will be worth around 97 cents.

**Arky** · 05-09-20, 11:24 PM

Originally posted by themike78

Bitcoin will be worth about 1500 tommorow and then after this halving nonsense it will be worth around 97 cents.

I wish!

This is bitcoin in a recession.... new ground.....gotta kinda be ready for anything....

**StackinGreen** · 05-10-20, 12:57 PM

It goes down 11% and people fret. I would welcome another 20% off, I'm all in then.

**peacebyinches** · 05-10-20, 04:18 PM

yikes, I'm an idiot for re-upping at $9800

8,700.91 USD Last trade price
-9.71% 24h price

**bettipboy** · 05-10-20, 05:38 PM

The Security Trilemma and the Future of Bitcoin

Interesting article I read today :

https://www.coindesk.com/the-halving-exposes-bitcoin-to-51-attacks-heres-what-we-can-do

**Skidcom** · 05-10-20, 06:41 PM

1-2% of liquid assets in Bitcoin seems reasonable. That's where I'm at. The same with bullion. Might increase if the pandemic circles back, viciously. Not expecting that though.