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

[Torque]

It's possible they will be like "hello goyim, too much liquidity has left the system and into bitcoin and caused it to collapse. We are now passing a law that you're not allowed to use bitcoin and must use federal reserve digital token instead".  Then they get their cashless society slave system + scapegoat for economic collapse in one swoop.

Which would further cement in the public's eye that the Fed is evil and that the U.S. is fully a communist society.  Civil disorder ensues, the people rise up and revolt against a corrupt government. FedCoin is rejected by the people. The politicians are rounded up, shot, drawn, and quartered. Bitcoin goes to the moon.

Not really the outcome they were expecting, hey r0ach?

[1714476139]

1714476139

[jojo69]

so carnage, such dump, wow

[Rosewater Foundation]

Whats going on with bitfinex?

Someone wasn't informed that the candle was decorative.  It has been lit, and now it melts rapidly.

Waxing poetic. At a time like this. Nerves of steel these Bitcoiners!

[realr0ach]

Not really the outcome they were expecting, hey r0ach?

Well, it's pretty damn clear this evil cult of jewish money changers are desperate for a scapegoat as to why the global economy blows up.  Anything to try and redirect attention from themselves being the cause.  They will probably have thrown 10 false flags at the dart board before this all goes down in flames and then settle on setting off an EMP and trying to blame it on North Korea.

[fabiorem]

It's possible they will be like "hello goyim, too much liquidity has left the system and into bitcoin and caused it to collapse. We are now passing a law that you're not allowed to use bitcoin and must use federal reserve digital token instead".  Then they get their cashless society slave system + scapegoat for economic collapse in one swoop.  The plan probably wouldn't work, but these are psychopathic jewish money changers we're talking about here.

There should be some way for people to throw some weight against those hedge funds which are betting against bitcoin. The more adoption, the more will be stored in average Joe's hands.

The main issue, however, is fear. I saw Novogratz shorting, it was a massive red candle, from 11 to 9k. This was only one guy. Imagine if they do that in concert. They can provoke a lot of fear and make people panic sell.

[bitserve]

Whats going on with bitfinex?

Someone wasn't informed that the candle was decorative.  It has been lit, and now it melts rapidly.

Waxing poetic. At a time like this. Nerves of steel these Bitcoiners!

Are we poor AGAIN?

[Rosewater Foundation]

Whats going on with bitfinex?

Someone wasn't informed that the candle was decorative.  It has been lit, and now it melts rapidly.

Waxing poetic. At a time like this. Nerves of steel these Bitcoiners!

Are we poor AGAIN?

Yeah. *sigh*

[bitserve]

It's possible they will be like "hello goyim, too much liquidity has left the system and into bitcoin and caused it to collapse. We are now passing a law that you're not allowed to use bitcoin and must use federal reserve digital token instead".  Then they get their cashless society slave system + scapegoat for economic collapse in one swoop.  The plan probably wouldn't work, but these are psychopathic jewish money changers we're talking about here.

There should be some way for people to throw some weight against those hedge funds which are betting against bitcoin. The more adoption, the more will be stored in average Joe's hands.

The main issue, however, is fear. I saw Novogratz shorting, it was a massive red candle, from 11 to 9k. This was only one guy. Imagine if they do that in concert. They can provoke a lot of fear and make people panic sell.

How do you know it was Novogratz? How do you know it was him alone?

[realr0ach]

Usually when you see a constant ping spam of tiny buys and sells on the exchange, it's because liquidity has dried up and they're just tossing shit up there to try and portray there's some type of activity.  Doesn't necessarily mean the price is going to crash when there's no buyers or sellers, but if liquidity dries up at the top of a pump (like uh right now) it's usually bad lol.  They also do the ping spam when they're trying to camoflauge a constant stream of buys or sells, so you'd just look at current inflows/outflows to see what's up there.

[JimboToronto]

Many "Stupids" on finex???

Not too bright, those margin "traders". 

[fabiorem]

How do you know it was Novogratz? How do you know it was him alone?

I dont know, Im just speculating.

I just watched this video here: https://www.youtube.com/watch?v=g6eyj4Wrlv4 and they talked first about coinbase, so I take a look on the chart and saw the red candle one day before this video.

[bones261]

Many "Stupids" on finex???

Not too bright, those margin "traders". 

The ones that use Bitmex are even dumber. 

[realr0ach]

Looks like the tether printing machine is offline.

[Rosewater Foundation]

The good news is non-Bitcoins undeliverable in January are still above $17k

[realr0ach]

The good news is non-Bitcoins undeliverable in January are still above $17k

Which is kind of dwarfed by the fact there's a double top off a parabolic rise.  Since all this shit is nothing but scams, what happens is, if NOBODY shorts the double top, bitcoin crashes.  If somebody shorts, they then try to squeeze the shorters.  So market has no real fundamentals or price structure at all, just based on who can scam the hardest.

[jbreher]

Eth the pumpers choice tonight ...

yeah this is the reason for the pump:

ethereum's newest and biggest ICO:

Give it a couple more years and he'll be able to place his brain in a jar and hand his body over to a Nike fitness brain who'll return it in peak condition a couple of months later.

He can still do conferences from his jar like Charlie Shrem already has.

https://i.imgur.com/zv6TmGs.jpg?1

Looks like Charlie at the Santa Clara convention center. I'm just across the way this week. Some event going on there I should know about?

[explorer]

The good news is non-Bitcoins undeliverable in January are still above $17k

Which is kind of dwarfed by the fact there's a double top off a parabolic rise.  Since all this shit is nothing but scams, what happens is, if NOBODY shorts the double top, it crashes.  If somebody shorts, they then try to squeeze the shorters.  So market has no real fundamentals or price structure at all, just based on who can scam the hardest.

True.  9 hours since the last ATH.  Go home, boys.  No good can come of this.

[jbreher]

Bglod is finally seeing some action.

^^ Have I missed the origin of a new meme?

[cAPSLOCK]

The good news is non-Bitcoins undeliverable in January are still above $17k

Which is kind of dwarfed by the fact there's a double top off a parabolic rise.  Since all this shit is nothing but scams, what happens is, if NOBODY shorts the double top, it crashes.  If somebody shorts, they then try to squeeze the shorters.  So market has no real fundamentals or price structure at all, just based on who can scam the hardest.

True.  9 hours since the last ATH.  Go home, boys.  No good can come of this.

Why oh why did I not listen to (that racist, paranoid, fucktard) r0ach when BTC wa sub 1k.  I could have sold and held on to thousands of USD!  Shit, I could have bought lots of gold!  Why oh why did I not heed his wisdom?

[jbreher]

Know what massive wealth doesn't protect you from? Toothache.

Sorry to hear. Toothaches are extra-sucky, if only for the reason that something that seems like it should be a triviality, is downright debilitating.