Bitcoin Forum
October 19, 2021, 04:18:59 PM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Will the Bitcoin Futures ETF be approved in the U.S. on Oct. 18?
Yes - 51 (58%)
No - 20 (22.7%)
Maybe - 17 (19.3%)
Total Voters: 88

Pages: « 1 ... 19282 19283 19284 19285 19286 19287 19288 19289 19290 19291 19292 19293 19294 19295 19296 19297 19298 19299 19300 19301 19302 19303 19304 19305 19306 19307 19308 19309 19310 19311 19312 19313 19314 19315 19316 19317 19318 19319 19320 19321 19322 19323 19324 19325 19326 19327 19328 19329 19330 19331 [19332] 19333 19334 19335 19336 19337 19338 19339 19340 19341 19342 19343 19344 19345 19346 19347 19348 19349 19350 19351 19352 19353 19354 19355 19356 19357 19358 19359 19360 19361 19362 19363 19364 19365 19366 19367 19368 19369 19370 19371 19372 19373 19374 19375 19376 19377 19378 19379 19380 19381 19382 ... 29699 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25461269 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (157 posts by 13+ users deleted.)
ImI
Legendary
*
Offline Offline

Activity: 1946
Merit: 1019



View Profile
February 01, 2018, 09:49:38 PM


Haha! That brings back memories! A lot has happened in 5 years.

Love that song!

Innocent times.

No CNBC reporting about the last fart BTC let go.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1634660339
Hero Member
*
Offline Offline

Posts: 1634660339

View Profile Personal Message (Offline)

Ignore
1634660339
Reply with quote  #2

1634660339
Report to moderator
1634660339
Hero Member
*
Offline Offline

Posts: 1634660339

View Profile Personal Message (Offline)

Ignore
1634660339
Reply with quote  #2

1634660339
Report to moderator
1634660339
Hero Member
*
Offline Offline

Posts: 1634660339

View Profile Personal Message (Offline)

Ignore
1634660339
Reply with quote  #2

1634660339
Report to moderator
jojo69
Legendary
*
Offline Offline

Activity: 2240
Merit: 2926


1/21000000 , the only math you need to know


View Profile
February 01, 2018, 09:50:18 PM
Merited by ImI (1)

This is an interesting twist on the USDT thing: that they are capitalised, but went about it backwards. http://telegra.ph/Tether-could-be-guilty-of-perpetrating-a-huge-fraud-just-not-the-one-we-think-02-01

oooooh, I like that theory too

tldr/ bitfinex may have been indeed printing unbacked tethers at key moments to snap up cheap coins

then selling the BTC OTC for real dollars to back the tethers

the auditors were going to notice that things were happening in the wrong order
JayJuanGee
Legendary
*
Online Online

Activity: 2772
Merit: 4907


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
February 01, 2018, 09:53:37 PM

I need to recognize and thank those folks in this thread that pushed me towards liquidating a portion of my holdings - when I did - for the purpose of early-funding my early-retirement portfolio.

I would likely be a mess right now if I did not heed your folks' advice.

The block I sold @ $11.5k I totally owe to my partner, tho. Touched base while he was between a connecting flight back home, and encouraged me with "Don't get greedy ! Sell @ $11.5k instead of waiting for $12k or $12.5k"

Gives me a very nice cushion to practically hibernate for the entire month of February, where I expect things to pick up the closer we get to March.

HODL on, HODLers. We're heading into very choppy waters today by the looks of it.


BOB!!!!!


You party poop!  You are really assessing further downward BTC prices?     Cry Cry Cry
rezurect007
Jr. Member
*
Offline Offline

Activity: 70
Merit: 7


View Profile WWW
February 01, 2018, 09:54:18 PM
Last edit: February 01, 2018, 10:06:44 PM by rezurect007


Im in. Caught the bottom. Was expecting 8.5, 8.9 is good enough for me.HODL MODE.
Shorts being covered on finix.

I believe BTC is behaving like forex markets. This bottoming is not due to Bitfinex being cleared of wrongdoing.
Weak hands control how low it goes, depending how many there are.
bones261
Legendary
*
Offline Offline

Activity: 1806
Merit: 1823



View Profile
February 01, 2018, 09:57:18 PM

This is an interesting twist on the USDT thing: that they are capitalised, but went about it backwards. http://telegra.ph/Tether-could-be-guilty-of-perpetrating-a-huge-fraud-just-not-the-one-we-think-02-01

oooooh, I like that theory too

tldr/ bitfinex may have been indeed printing unbacked tethers at key moments to snap up cheap coins

then selling the BTC OTC for real dollars to back the tethers

the auditors were going to notice that things were happening in the wrong order

Well the Tether printing press last created a batch on 01/23/2018. https://omniexplorer.info/default.aspx?filter=grant Not sure how that fits in with the theory.
RejectedBanana
Sr. Member
****
Online Online

Activity: 402
Merit: 501


I am a banana.


View Profile
February 01, 2018, 09:57:23 PM

I wanted more pain than that. Angry

Yeah, that was barely even a pinprick!


JayJuanGee
Legendary
*
Online Online

Activity: 2772
Merit: 4907


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
February 01, 2018, 09:59:29 PM

1 btc still worth 1 btc

Except it's not. Tainting is hugely prevalent now.

Newly mined coins go for a premium.
 
etc. etc.




Do you really think that we have fungibility concerns in bitcoinlandia?  

Besides the bare assertion that you just made, what is your evidence,  your logic and/or facts?
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
February 01, 2018, 10:01:09 PM

This is an interesting twist on the USDT thing: that they are capitalised, but went about it backwards. http://telegra.ph/Tether-could-be-guilty-of-perpetrating-a-huge-fraud-just-not-the-one-we-think-02-01

oooooh, I like that theory too

tldr/ bitfinex may have been indeed printing unbacked tethers at key moments to snap up cheap coins

then selling the BTC OTC for real dollars to back the tethers

the auditors were going to notice that things were happening in the wrong order

That has a tendency to go wrong when the price stops going up.  

In happier news, I am going to have a lot more BTC if this shake continues.  
becoin
Legendary
*
Offline Offline

Activity: 2968
Merit: 1115



View Profile
February 01, 2018, 10:07:11 PM


Every central bank is the trading cycle for their respective currency. USDT is a private currency of Fiinex. It is quite natural if Finex defines the trading cycle of USDT.

Fed is the trading cycle for USD. Finex is the trading cycle for USDT. Get used to it and move on!


I feel like one of us has entirely missed the point of this conversation.

You think Finex defines the trading cycle of BTC by minting USDT. This is not true. Finex defines the trading cycle of USDT! They can do whatever they want with their private currency if they meet all their obligations. If you're not happy create your own currency and sell BTC against it. Hope that clears all missed points.
Enjel
Member
**
Offline Offline

Activity: 70
Merit: 21


View Profile
February 01, 2018, 10:07:55 PM

Just to be clear... HODLers of the 2013-2014 crash aren't really worried about this, right?

I mean, you guys took a 90% hit, kept accumulating more coins, and eventually the price recovered and boomed.

I personally don't have any fear. Picked some up at 8.5k, looking to see what will happen next.

Hasn't even breached key support yet. Masterluc's graph shows 8k as a possible bottom. We'll see where the bounce takes us.
JayJuanGee
Legendary
*
Online Online

Activity: 2772
Merit: 4907


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
February 01, 2018, 10:13:39 PM

JayJuanGee, it was all over at this moment.  You shoulda just set all your money on fire the second this happened:




What is your reference, roachie poachie? 

Do you expect that peeps (including me) are going to know what "this" refers to? 

And, even if you have any kind of possible point that makes some sense, you seem to be attempting to assert that there is some kind of objective truth in regards to the direction of bitcoin, no?  Are you arguing a kind of fatalism now? 

or are you just throwing out random shit trying to figure out if anything might stick attempting to engage in distracting and non-relevant points that make no sense at all within a bitcoin context?  Hey, isn't this thread about bitcoin in some kind of way?
rafanadal
Member
**
Offline Offline

Activity: 373
Merit: 31


View Profile
February 01, 2018, 10:23:51 PM

There is no bounce, this is a small momentarily correction
by tomorrow, we'll be sub 8k or close to that number.
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
February 01, 2018, 10:24:09 PM
Merited by 600watt (1)

Just to be clear... HODLers of the 2013-2014 crash aren't really worried about this, right?

I mean, you guys took a 90% hit, kept accumulating more coins, and eventually the price recovered and boomed.

I personally don't have any fear. Picked some up at 8.5k, looking to see what will happen next.

Hasn't even breached key support yet. Masterluc's graph shows 8k as a possible bottom. We'll see where the bounce takes us.

I bought at $750 and saw lows of $120.  Bitcoin is not going anywhere.   But plenty of ICO tokens will go to zero.  

I will be buying very aggressively.  This is my chance to put the lessons I learnt in 2014 into action.

But Im not buying yet.
Toxic2040
Legendary
*
Offline Offline

Activity: 1190
Merit: 2371



View Profile
February 01, 2018, 10:27:09 PM

Capitulation is nigh. Waiting for the daily probably.
More buying at $8100 perhaps.
pera
Sr. Member
****
Offline Offline

Activity: 532
Merit: 261


­バカ


View Profile
February 01, 2018, 10:28:16 PM

ok

I'll say it :

Who sold at bottom ?


the bottom was 10k

And before that it was 12k, and before that 14k... and now it's 8k?

It's almost like selling at the "bottom" could be actually a good strategy Tongue

One year ago it was 1k. Now it's 8k. It looks like buying at the top is a better strategy.  

I was just making a joke about this concept of "bottom": both local maximums and minimums have no relevance in a random walk Cheesy
vroom
Hero Member
*****
Offline Offline

Activity: 1108
Merit: 699


a Cray can run an endless loop in under 4 hours


View Profile
February 01, 2018, 10:31:52 PM

this is not the recovery I expected. I think we will go lower in the next days before true recovery starts.
Enjel
Member
**
Offline Offline

Activity: 70
Merit: 21


View Profile
February 01, 2018, 10:32:26 PM

Just to be clear... HODLers of the 2013-2014 crash aren't really worried about this, right?

I mean, you guys took a 90% hit, kept accumulating more coins, and eventually the price recovered and boomed.

I personally don't have any fear. Picked some up at 8.5k, looking to see what will happen next.

Hasn't even breached key support yet. Masterluc's graph shows 8k as a possible bottom. We'll see where the bounce takes us.

I bought at $750 and saw lows of $120.  Bitcoin is not going anywhere.   But plenty of ICO tokens will go to zero.  

I will be buying very aggressively.  But not yet.

I hope so. So much trash that needs to be taken out. I hope every coin that has spent months without any working product goes down. 1500+ currencies?  (Although not my favorite ERC20 alt, PRL. Staying green in a sea of red for now)

I see no reason for the Bitcoin price to be crashing actually past support - just a correction from a massive run. Payment is getting better, LN implemented.

Some FUD about a ban which Bitcoin has survived before, and Tether which is blown out of proportion by FUDsters.


ALSO, is this truly "capitulation" (we already had a massive shakeup - you'd think all the weak hands would've been shaken off a long long time ago), or rather manipulation?
Gyrsur
Legendary
*
Offline Offline

Activity: 2772
Merit: 1499


Bitcoin Legal Tender Countries: 1 of 206


View Profile WWW
February 01, 2018, 10:37:36 PM

this is not the recovery I expected. I think we will go lower in the next days before true recovery starts.

Bitfinex still sells BTC for USD because the need it to prove Tether is real.  Grin
ivomm
Legendary
*
Offline Offline

Activity: 1455
Merit: 1424


All good things to those who wait


View Profile
February 01, 2018, 10:42:27 PM
Merited by HI-TEC99 (1), explorer (1), AlexGR (1), El duderino_ (1)

I have a strong gut feeling something like this is going to happen:  Tongue



JayJuanGee
Legendary
*
Online Online

Activity: 2772
Merit: 4907


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
February 01, 2018, 10:42:35 PM

What is the reason for this drop? I’ve seen lots of FUD in my time... but this??

This is plain stupid.


It NOT be called stupid.


It be called:  "normal" price swings.   Tongue
Pages: « 1 ... 19282 19283 19284 19285 19286 19287 19288 19289 19290 19291 19292 19293 19294 19295 19296 19297 19298 19299 19300 19301 19302 19303 19304 19305 19306 19307 19308 19309 19310 19311 19312 19313 19314 19315 19316 19317 19318 19319 19320 19321 19322 19323 19324 19325 19326 19327 19328 19329 19330 19331 [19332] 19333 19334 19335 19336 19337 19338 19339 19340 19341 19342 19343 19344 19345 19346 19347 19348 19349 19350 19351 19352 19353 19354 19355 19356 19357 19358 19359 19360 19361 19362 19363 19364 19365 19366 19367 19368 19369 19370 19371 19372 19373 19374 19375 19376 19377 19378 19379 19380 19381 19382 ... 29699 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!