Is anyone else starting to become a bit excited?

q85dw7osi4lebg

https://www.cnbc.com/2019/06/19/bitcoins-digital-gold-but-facebooks-libra-is-the-digital-dollar.html

Dohnjoe

Addison Fancy Macrame wrote: »

https://www.cnbc.com/2019/06/19/bitcoins-digital-gold-but-facebooks-libra-is-the-digital-dollar.html

The best takeaway from that article

"Facebook shares fell by less than 1% by the end of Wednesday’s trading session amid some political pushback, but are still up more than 3% this week. Bitcoin prices rose by nearly 2% by the end of the day’s trading session and are up 140% for the year to date."

Whatever people think about crypto, the potential gains are highly attractive. Few other assets can match the net performance of BTC and other cryptos over the last 6 years

q85dw7osi4lebg

Dohnjoe wrote: »

The best takeaway from that article

"Facebook shares fell by less than 1% by the end of Wednesday’s trading session amid some political pushback, but are still up more than 3% this week. Bitcoin prices rose by nearly 2% by the end of the day’s trading session and are up 140% for the year to date."

Whatever people think about crypto, the potential gains are highly attractive. Few other assets can match the net performance of BTC and other cryptos over the last 6 years

Yes, great to see a major news site being up front with the gains that can be made in crypto.

Arrival

Dohnjoe wrote: »

Addison Fancy Macrame wrote: »

https://www.cnbc.com/2019/06/19/bitcoins-digital-gold-but-facebooks-libra-is-the-digital-dollar.html

The best takeaway from that article

"Facebook shares fell by less than 1% by the end of Wednesday’s trading session amid some political pushback, but are still up more than 3% this week. Bitcoin prices rose by nearly 2% by the end of the day’s trading session and are up 140% for the year to date."

Whatever people think about crypto, the potential gains are highly attractive. Few other assets can match the net performance of BTC and other cryptos over the last 6 years

But TULIPS!!!

JJJJNR

Here we go! Trump tweets kicking in.

q85dw7osi4lebg

Stacking Satoshis every day now.

When looking back, it could be the best decision of my life, or the worst decision of this year. Good risk / reward IMO.

JJJJNR

Yea buying back in now think I'm over exposed in xlm with recent developments. Stellar is getting hammered.

q85dw7osi4lebg

Playing around on google trends.

Thought this overview of Bitcoin v Brexit searches in Ireland was interesting. I’d have thought brexit would be running away with it.

12 month chart.

grindle

Addison Fancy Macrame wrote: »

Playing around on google trends.

Thought this overview of Bitcoin v Brexit searches in Ireland was interesting. I’d have thought brexit would be running away with it.

12 month chart.

Reality isn't so bad though... Almost hitting the BTC/BRXT Golden Cross.
Bitcoin will surely moon once BRXT dips.

q85dw7osi4lebg

Iceland.....fml


Meanwhile $9500 broken

grindle

Addison Fancy Macrame wrote: »

Meanwhile $9500 broken

JJJJNR

Fomo!!!

Dohnjoe

If it hits 10k, there'll be a lot of coverage

q85dw7osi4lebg

Significant milestone (again). It's been a great battle all evening, but the resistance will be huge. That said, after 10k and 11.5 there isn't a whole pile of resistance to ath from what I can see.

makeorbrake

Dohnjoe wrote: »

If it hits 10k, there'll be a lot of coverage

The crypto media is not to be trusted. However, one of the (winklevi) twins tweeted the other day that if it hits 10k, then 15k will follow. That sounds very logical to me.

To your point, adding that extra digit (10k) will put crypto right back in the conventional media (again, following the couple of days Libra-coin related coverage). I have no doubt that greed/fomo will kick in.

Bob24

Now $9700.

Been reading different views about the 10000 mark. Some saying it will put BTC back in the mainstream media and trigger massive FOMO, others that it will trigger a temporary retreat with short term investors starting to book profits.

Or maybe nothing special happens, we might known soon :-)

q85dw7osi4lebg

I think 10k will be similar to 9k a few weeks ago, instant selloff with a retreat possibly back to 9k in the very short term, followed by the beginning of mainstream fomo. I think we really need to see 20k again before non believers (most of my aquaintences) can be convinced.

9790 at time of posting.

Frozen Veg

Bob24 wrote: »

Now $9700.

Been reading different views about the 10000 mark. Some saying it will put BTC back in the mainstream media and trigger massive FOMO, others that it will trigger a temporary retreat with short term investors starting to book profits.

Or maybe nothing special happens, we might known soon :-)

Controlled growth hopefully.

Not bubble and burst again.

makeorbrake

Frozen Veg wrote: »

Controlled growth hopefully.

Not bubble and burst again.

We're quite a few years away from controlled growth in crypto land!

q85dw7osi4lebg

$150 to go, what an exciting day! I remember the worried thread the day we breached 10k going the other way, seems a lifetime ago.

q85dw7osi4lebg

ETH on a run to $300

Frozen Veg

makeorbrake wrote: »

We're quite a few years away from controlled growth in crypto land!

I'm all for a good bull but just now a collapse of the market again. Would be hard to recover from a 2018 like bear.

If it's to be a long term currency, there needs to be some kind of stability where it's value will not collapse.

Bob24

Frozen Veg wrote: »

I'm all for a good bull but just now a collapse of the market again. Would be hard to recover from a 2018 like bear.

If it's to be a long term currency, there needs to be some kind of stability where it's value will not collapse.

Both you and makeorbrake are right IMO. You are right in saying controlled growth would be better and he is right in saying the crypto space is probably not mature enough for controlled growth.

makeorbrake

Frozen Veg wrote: »

I'm all for a good bull but just now a collapse of the market again. Would be hard to recover from a 2018 like bear.

If it's to be a long term currency, there needs to be some kind of stability where it's value will not collapse.

I hear ye. I never bought in to crypto for speculative gains originally. And I'd much rather see slow steady growth. However, it is what it is ...and it means you can end up the extreme of either side of it financially and get an ulcer along the way. We have to work with whats there.

vargoo

2017 - $10,000 8 days later 15 8 days later 20.

Hodl all the way down for so many lost there knickers.

Get ready to sell.

Arrival

vargoo wrote: »

2017 - $10,000 8 days later 15 8 days later 20.

Hodl all the way down for so many lost there knickers.

Get ready to sell.

We'll probably see similar movement to this after the halvening next year. While we probably will get some nice jumps in the meantime I think the proper leaps like in 2017 will happen next year, but for even larger sums again just the same way the last ATH run-up was multiple times bigger than the previous ATH. Imagine if we end up seeing $2,500-5,000 jumps each day for a bit

q85dw7osi4lebg

vargoo wrote: »

2017 - $10,000 8 days later 15 8 days later 20.

Hodl all the way down for so many lost there knickers.

Get ready to sell.

But we are at 2015 in the cycle. The next bear market bottom will be higher than current ATH’s.

stockshares

Wasn't sure which one of the threads to put this in but as the conversation is occuring here I'll post it in this one.

US chair of Finance Committee requests Facebook halt Libra
https://www.coindesk.com/rep-maxine-waters-says-us-cant-let-facebooks-libra-compete-with-the-dollar?utm_source=twitter&utm_medium=coindesk&utm_term&utm_content&utm_campaign=Organic%20&amp&__twitter_impression=true

vargoo

Addison Fancy Macrame wrote: »

But we are at 2015 in the cycle.

??

What makes you think that?

Bob24

vargoo wrote: »

??

What makes you think that?

I’m not sure where we are in the cycle or even whether there is a cycle. However I think the current situation is very different from the few weeks which lead to the 2017 ATH.

The reason I am saying that is that back then you could read/hear about the bitcoin price in the mainstream media pretty much everyday, which is not the case today. And on a more anecdotic side everyone in my office (IT department) was talking about it, with people checking their Coinbase account a few times a week.

I don’t think we are nearly near that level of excitement today. However at the same time volumes seem to be higher so I am certainly not saying nothing is happening; but my feel is than it is different.