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

[rezurect007]

Kind of looks like market right now.
<8k & 12-14 k & >18k all at the same sentiment.

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[RealMachasm]

One thing that I haven’t fully understood with BTC price fluctuations I am hoping someone might have some theories on.

So the price of BTC against the dollar seems to fluctuate during these climbs and dips by percentages of quite a large magnitude (sometimes greater than 50%!).
Would it be correct to assume that during its earlier periods it would have been easier to manipulate the price due to the fact that
A: fewer players were in the game and would have owned larger amounts of BTC and
B: the dollar price was lower making it easier to buy larger amounts of BTC.?

Now with further distribution of BTC can we not assume that more people have smaller stashes (BLB aside!)?
Shouldn’t this make larger dumps less frequent?
Also large buys are a lot harder since it would require much larger sums of dollars to move the price up?

Yet we still see massive swings in the price. Can someone tell me why/how?

[jojo69]

One thing that I haven’t fully understood with BTC price fluctuations I am hoping someone might have some theories on.

So the price of BTC against the dollar seems to fluctuate during these climbs and dips by percentages of quite a large magnitude (sometimes greater than 50%!).
Would it be correct to assume that during its earlier periods it would have been easier to manipulate the price due to the fact that
A: fewer players were in the game and would have owned larger amounts of BTC and
B: the dollar price was lower making it easier to buy larger amounts of BTC.?

Now with further distribution of BTC can we not assume that more people have smaller stashes (BLB aside!)?
Shouldn’t this make larger dumps less frequent?
Also large buys are a lot harder since it would require much larger sums of dollars to move the price up?

Yet we still see massive swings in the price. Can someone tell me why/how?

I think the price stagnation and low TX activity means that there are no more coins for sale at this price.  The weak hands are gone.  It is just us here now.  Everybody knows it is going back up at some point, the only question is when.

It's like we are in this Mexican standoff with Wall St. and everybody is like...WELL??

[realr0ach]

So the price of BTC against the dollar seems to fluctuate during these climbs and dips by percentages of quite a large magnitude

Your error is that you pretend bitcoin is some type of recognized international reserve asset or unit of account that has any relation to metals or fiats when all it is is a pump and dump with no relation to anything.  It's price is a derivative of the dollar/fiats, but only to the extent of how much money can theoretically pump and dump it at any given time.  For bitcoin to have some type of hard link with metals and fiats, it would require bitcoin to have some type of real world use case, and in that manner it would be forced to track inflation/deflation, but it doesn't, so it's literally just a pump and dump.

[realr0ach]

Prime example of a video Google rigs the view numbers on artificially downwards.

Black immigrants in France punch white girl in face for not sharing her telephone number
http://www.youtube.com/watch?v=PxGCPuQY8As

Jews attempted to destroy white western civilization by flooding it with 3rd world monkeys.  Now the goyim will be forced to enact ethnic cleansing or die themselves.  Whites have more practice waging war than any race on earth after fighting each other in Europe for the last several thousand years.  There is no way these monkeys can possibly win, and whites will then come after the Jews who sent them there to destroy their civilization afterwards.  Great job setting yourselves up for extinction Jews.

[TERA2]

[PoolMinor]

It will never work....

[ivomm]

One thing that I haven’t fully understood with BTC price fluctuations I am hoping someone might have some theories on.

So the price of BTC against the dollar seems to fluctuate during these climbs and dips by percentages of quite a large magnitude (sometimes greater than 50%!).
Would it be correct to assume that during its earlier periods it would have been easier to manipulate the price due to the fact that
A: fewer players were in the game and would have owned larger amounts of BTC and
B: the dollar price was lower making it easier to buy larger amounts of BTC.?

Now with further distribution of BTC can we not assume that more people have smaller stashes (BLB aside!)?
Shouldn’t this make larger dumps less frequent?
Also large buys are a lot harder since it would require much larger sums of dollars to move the price up?

Yet we still see massive swings in the price. Can someone tell me why/how?

I think the price stagnation and low TX activity means that there are no more coins for sale at this price.  The weak hands are gone.  It is just us here now.  Everybody knows it is going back up at some point, the only question is when.

It's like we are in this Mexican standoff with Wall St. and everybody is like...WELL??

There are too many factors that contributed to the fluctuations in the last weeks. Most of them are not related to the price:
1.Altcoins massive pump.

Some "experts"on twitter expected this to happen in November, but it happened in Dec/ Jan 2018. Many noobs sold BTC's to get rich quickly. Most of them ended with heavy bags of coins that are at least 50% cheaper now. The poor new bag holders will have to wait another 1,2 years (or never) to see their money back .

2. Chinas threat to ban internet access to the exchanges and the mining facilities shut down.

Let's not forget that most of the chinese traders are not internet savvy and are afraid that their access to the exchanges will be blocked. They know little of vpn's, localbitcoins, etc. and prefer to sell at 50% loss rather than holding and figuring out a back up plan if this threat really happens.
 
3. South Korea's threat to ban the exchanges that allow anonymous accounts.

I don't understand how a closed system with no arbitrage possible (unless you are a resident of SK) can affect the price, but the FUD news always brings drops in price.

4. Wall street playing with futures, etc.

Clearly, Gemini is easily manipuated because of its low volume. Even Gdax is much weaker thatn Bitfinex.
...............

Now, the situation is improving, BTC is over sold, the support around 10-11K is getting stronger each day both on Bitfinex and Gdax, so I expect a slow and healthy recovery in February/March. We will have to wait and see what is the real price that can be supported with normal trading. I think that it is at least 15K.

[realr0ach]

I think that's Tera's magic lamp to summon a genie and grant his wish of a United States of Cuckoldry.  Tera's dream will sadly not be fulfilled:

http://dailystormer.red/dastardly-kike-blood-sucker-kristol-says-alt-right-is-winning/

[sirazimuth]

It will never work....

apparently not....

[babanana]

There is something terribly wrong about roach. We should segregate him because he is clearly becoming a danger to the community. Here and in real life. With a mind twisted as that, don't think he could contribute anything good to the society.

[TERA2]

Oh god I'm imaging this horrible dystopic world where bitcoiners have taken all the power and they decide who lives. The world will become like the lord of the flies roaches. We need to stop this now. #shutitdown #stopskynet

[realr0ach]

There is something terribly wrong about roach. We should segregate him because he is clearly becoming a danger to the community. Here and in real life. With a mind twisted as that, don't think he could contribute anything good to the society.

Your prodigious mewling to try and brainwash casual observers into ideologies easily exploited by (((international financiers))) like leftism or neoconservatism is ineffective.  Even the founders of America themselves were white nationalists.  What is this?  An insult claiming:  "You remind me of George Washington.  How evil!".  Any nation without an ethnocentric majority collapses.  This is the only reason nations like China and Japan still exist after hundreds/thousands of years.  

It appears your IQ is low and you have zero understanding of human sociology.  A nation also has no use in allowing foreign (((invaders))) who form a state within a state to practice subterfuge against them and destroy them from within.  If you act like a tapeworm, be prepared to be treated like one.

[babanana]

There is something terribly wrong about roach. We should segregate him because he is clearly becoming a danger to the community. Here and in real life. With a mind twisted as that, don't think he could contribute anything good to the society.

Your prodigious mewling to try and brainwash casual observers into ideologies easily exploited by (((international financiers))) like leftism or neoconservatism is ineffective.  Even the founders of America themselves were white nationalists.  What is this?  An insult claiming, "You remind me of George Washington.  How evil!".  Many were also opposed to allowing Jews in because they knew they would attempt to form a state within a state and practice subterfuge against the rest of the inhabitants.  It appears you have a very un-American viewpoint.

Just don't like people with oozing negativity like you.

[stompix]

Oh god I'm imaging this horrible dystopic world where bitcoiners have taken all the power and they decide who lives. The world will become like the lord of the flies roaches. We need to stop this now. #shutitdown #stopskynet

Sometimes I envision a world just like Wedlock but not for criminals, just for trolls.
Every time you try to troll you get 10 shocks, powerful enough so you won't be able to even s.... properly for a week.

Kind of looks like market right now.
<8k & 12-14 k & >18k all at the same sentiment.

Look at it right now,
Just two votes and it would be symmetrical 

[realr0ach]

There is something terribly wrong about roach. We should segregate him because he is clearly becoming a danger to the community. Here and in real life. With a mind twisted as that, don't think he could contribute anything good to the society.

Your prodigious mewling to try and brainwash casual observers into ideologies easily exploited by (((international financiers))) like leftism or neoconservatism is ineffective.  Even the founders of America themselves were white nationalists.  What is this?  An insult claiming:  "You remind me of George Washington.  How evil!".  Any nation without an ethnocentric majority collapses.  This is the only reason nations like China and Japan still exist after hundreds/thousands of years.  

It appears your IQ is low and you have zero understanding of human sociology.  A nation also has no use in allowing foreign (((invaders))) who form a state within a state to practice subterfuge against them and destroy them from within.  If you act like a tapeworm, be prepared to be treated like one.

Just don't like people with oozing negativity like you.

There's nothing "negative" about it.  It's called the truth.  You know?  Objective reality.  I'm sorry you're a giant baby and completely unable to handle the truth or reality.  I edited my previous post to include the important part:

Any nation without an ethnocentric majority collapses.  This is the only reason nations like China and Japan still exist after hundreds/thousands of years.  It appears your IQ is low and you have zero understanding of human sociology.

Objective reality completely debunks all of your artificial, Marxist ideology that originated from (((them))).  Your problem isn't me.  Your problem is that you're afraid your belief system is being exposed to be based on lies. Nobody is willing to go along with your lies anymore.  You're either with the goyim or you're with the terrorists.

Relatively decent scientific case study of the enemy of mankind:

http://en.metapedia.org/wiki/Jewish_group_evolutionary_strategy

[Wekkel]

It's called the truth.

So what now: ethnic cleansing?

[realr0ach]

It's called the truth.

So what now: ethnic cleansing?

The first step was Trump banning more monkeys from flooding in to destroy western civilization.  Next stop is deporting wild monkeys before they screw up anything else.  Step three is going after the (((people))) who were maliciously importing them on purpose to prevent them from ever doing it again.  Step two and three are interchangeable.  What, did you think you could destroy an entire civilization without anybody noticing or figuring out who is doing it?

[fabiorem]

This is twice now, in the last 12 hours or so, that we've seen mempool tx/fee activity spikes coinciding with a upward price movements.

It's uncanny.

Are the miners manipulating the price?

[bitcoinPsycho]

It's called the truth.

So what now: ethnic cleansing?

The first step was Trump banning more monkeys from flooding in to destroy western civilization.  Next stop is deporting wild monkeys before they screw up anything else.  Step three is going after the (((people))) who were maliciously importing them on purpose to prevent them from ever doing it again.  Step two and three are interchangeable.  What, did you think you could destroy an entire civilization without anybody noticing or figuring out who is doing it?