Bitcoin Forum
July 09, 2025, 04:38:03 AM *
News: Latest Bitcoin Core release: 29.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: How far will this leg take us?
$110K - 9 (9.4%)
$120K - 15 (15.6%)
$130K - 14 (14.6%)
$140K - 9 (9.4%)
$150K - 15 (15.6%)
$160K - 2 (2.1%)
$170K+ - 32 (33.3%)
Total Voters: 96

Pages: « 1 ... 21153 21154 21155 21156 21157 21158 21159 21160 21161 21162 21163 21164 21165 21166 21167 21168 21169 21170 21171 21172 21173 21174 21175 21176 21177 21178 21179 21180 21181 21182 21183 21184 21185 21186 21187 21188 21189 21190 21191 21192 21193 21194 21195 21196 21197 21198 21199 21200 21201 21202 [21203] 21204 21205 21206 21207 21208 21209 21210 21211 21212 21213 21214 21215 21216 21217 21218 21219 21220 21221 21222 21223 21224 21225 21226 21227 21228 21229 21230 21231 21232 21233 21234 21235 21236 21237 21238 21239 21240 21241 21242 21243 21244 21245 21246 21247 21248 21249 21250 21251 21252 21253 ... 34697 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26803982 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. (174 posts by 1 users with 9 merit deleted.)
Torque
Legendary
*
Offline Offline

Activity: 3822
Merit: 5504



View Profile
October 10, 2018, 10:41:00 PM
Last edit: October 10, 2018, 10:51:07 PM by Torque
Merited by Wekkel (1)

OT : Every wonder why people like Warren Buffett are so calm during major stock market dips like the one today?

It's because he and the other Billionaires know a secret. The secret is that the entire U.S. stock market is now being managed. Heavily, centrally managed.

You see, when the Fed pumps out hundreds of billions of U.S. dollars over nearly a decade, gives it to Central Banks, who loan it to corps with virtually no interest, and it has no where to go (e.g. not going to CapEx, infrastructure, wars, or wage increases, etc.) then it goes into stocks (and specifically stock buybacks). But, they can't just pump it in all at once, so it's a constant steady buying over years. Decades even. A melt up.

But they can't just buy in a straight line, because that would be too suspect and certain hedge funds couldn't make profit, nor traders, etc. So they "engineer" these little bull runs and corrections. But it's all just for show.

We're all in the Truman Show melt up. Doubtful we'll ever see a U.S. stock market crash again, because the Fed PPT is there to continuously save the day. The Billionaires know this. And it'll continue to work.... until it doesn't anymore. Queue the hyperinflation.

BUY BITCOIN.
JayJuanGee
Legendary
*
Online Online

Activity: 4130
Merit: 12474


Self-Custody is a right. Say no to "non-custodial"


View Profile
October 10, 2018, 10:51:00 PM

Not Russian, Dagestani Muslim*


Which is legally a part of Russian Federation, hence making Khabib a Russian. If you come from California you are not called a Californian, but an US American.


Got my lambo after bitcoin reaches 6,600$ yesterday  Cool


Ridiculous.   Roll Eyes   Is that you Joulian?   Buying a Ducati with your bitcoin at $450?


There is a concept. Delayed gratification.    Reminds me of some of the dumbasses such as roach, and some others talking about cashing their 2x or 3x bitcoin profits or pumping diversification into precious metals right before the May 2016 bitcoin uptrend.... and could have done much better with some will power. Or bitcoin hodl power.     

Buying a lambo is like buying a shitcoin that you can show off. They both lose value at about the same rate.


There is a thing called fun, doesn't that have any value? For me it has more value than money, life is for living, not always thinking what outcome is the best financially. And money is fairly easy to make anywhere in the world.

There is always a possibility that something might happen and/or someone might have personal reasons (an illness or smth) to do so, everyone can't wait for 5 years, maybe he still has a big chunk of BTC left Smiley

No one is saying not to have fun or not to take profits at appropriate times. 

You seem to fail to recognize that someone coming in and acting like moving up to $6,600 is a BIG price rise that allowed for a lambo seems to be trolling more than anything.  Furthermore it seems to be a kind of selling in a dip or a flat period or selling in a relatively ambiguous period that seems more and more like the end of 2015 and early 2016 rather than mid-to-late 2014. 

Furthermore, it made a lot more sense that guys (and gal) may have been selling some bitcoin on the way up, to $19k including locking in some profits and just removing some of the profits completely from the table...  and even could have made some sense if the price goes up a decent percentage and all of a sudden.. but we have not had that recently, so seems to be a trolling and shit stirring post that came from Daboy_Lyle. .
JayJuanGee
Legendary
*
Online Online

Activity: 4130
Merit: 12474


Self-Custody is a right. Say no to "non-custodial"


View Profile
October 10, 2018, 10:54:02 PM
Merited by yefi (1)

I agree, retail interest in Bitcoin is very low right now, which gives the sharks plenty of room to swim without interference. But once we see some news that spikes enough people's interest, the domino effect will take place like in 2017:

  • Institutional investors quietly buying Bitcoin...
  • Some announcement drives decent interest in buying Bitcoin
  • Bitcoin price goes ^
  • "Bitcoin Bull Run Again?" in news cycle
  • People start FOMO and buy BTC
  • Bitcoin price goes ^^
  • More news cycles about Bitcoin "Bitcoin Goes on a Real Tear This Time, Will We See $1,000,000? Jamie Dimon Says Yes"
  • More people FOMO buy
  • Bitcoin price ^^^
  • News cycles go wild, your grandma sees it and calls you to ask you to help her buy Bitcoin
  • Institutional investors taking profit $$
  • Bitcoin price ---
  • People tell themselves this is consolidation before more ^^^
  • Institutional investors finish taking profit $$$, start shorting
  • Bitcoin price \/
  • People say, "just people taking a little profit before hitting the REAL bull run"
  • Bitcoin price \/\/
  • People start getting a little worried about a repeat, not buying any more
  • Institutional investors get busy shorting
  • Bitcoin price \/\/\/
  • People start reverse FOMO, selling all their holdings
  • Bitcoin price \/\/\/\/\/
  • Institional investors cashing in shorts... $$$$$$$
  • Retail investors lose their shorts
  • Bitcoin bottoms and cycle starts all over again

I am not sure why this narrrative - that institutional investors always make the right calls and own the markets while retail investors always get killed- is so prevalent in crypto psyche. Most of bitcoin richlist are retail investors. Meanwhile funds drove the ICO craze and got killed. But whatever excuse you want to make as to why you’re not wealthier, go right ahead if it makes you feel better.

The point is market manipulation on a large scale exists behind the scenes that is never covered by the news / brought to light. Not all institutional investors were/are involved in the manipulation and therefore got burned by the crash earlier this year, while naturally, some HODL-ers are on the richlist (it's easier to have lots of Bitcoin if you acquired/mined it when it was cheap), and some retail traders have gotten lucky and hit it big. The point is the average Joe who is trying to get into Bitcoin is essentially robbed of his money by market manipulation he has no idea even exists.

But then again, market manipulation exists in other markets as well... stock, commodity... they just have more regulation, so it's easier to get caught.

This concept of being robbed by manipulation seems to be going a bit too far.  Markets have dynamics, and you gotta prepare for those dynamics if you are either investing or trading...
Logic-Elliven
Newbie
*
Offline Offline

Activity: 88
Merit: 0


View Profile
October 10, 2018, 10:55:50 PM

FOOD FOR THOUGHT?
(From a late to the party crypto nobody)

Who here is buying burgers, cokes and smokes with BTC or any other crypto for that matter..?
Except for cheap, fast international transfers, quickly cashed out "before the price drops!" all crypto is used for nothing more than speculation on dodgey exchanges.
That being the case; I speculate that its going nowhere fast!

What is required is the education of our youth.
(Most of us are happy to pay MS for office despite the fact that there are many superior, free alternatives, because us humans are lazy to learn after around the point when our balls drop)

Ask kids to define money.
Once they realize that it's nothing more than a universally accepted token of value that's not easily counterfeited, they will realise that crypto is simply better money.
Then it will be accepted and used for whatTF it's supposed to be used for!
Ask lots of kids!  Then the sky's the limit!  Not before.

In short;  what all crypto needs is  to educate kids in crypto.
Set aside 10% of all crypto for crypto education if you want it to be the new paradigm?
kurious
Legendary
*
Offline Offline

Activity: 2618
Merit: 1749



View Profile
October 10, 2018, 11:01:15 PM


Wow, I didn't think it would be that soon - even trying did my head in!
El duderino_
Legendary
*
Offline Offline

Activity: 2926
Merit: 14382


“They have no clue”


View Profile
October 10, 2018, 11:03:12 PM

Sideways is the NEW standard when we get bored of it ..... we Will see ATH’s again, when we get bored of them we Will see dump/crash/corrections again when we get bored again.... we Will go sideways again

Only it seems i’m getting bored faster @ the moment as many others, going to sleep too get bored tomorrow again  Roll Eyes
goldkingcoiner
Legendary
*
Offline Offline

Activity: 2464
Merit: 2465


A Bitcoiner chooses, a slave obeys.


View Profile WWW
October 10, 2018, 11:04:10 PM

FOOD FOR THOUGHT?
(From a late to the party crypto nobody)

Who here is buying burgers, cokes and smokes with BTC or any other crypto for that matter..?
Except for cheap, fast international transfers, quickly cashed out "before the price drops!" all crypto is used for nothing more than speculation on dodgey exchanges.
That being the case; I speculate that its going nowhere fast!

What is required is the education of our youth.
(Most of us are happy to pay MS for office despite the fact that there are many superior, free alternatives, because us humans are lazy to learn after around the point when their balls drop)

Ask kids to define money.
Once they realize that it's nothing more than a universally accepted token of value that's not easily counterfeited, they will realise that crypto is simply better money.
Then it will be accepted and used for whatTF it's supposed to be used for!
Ask lots of kids!  Then the sky's the limit!  Not before.

In short;  what all crypto needs is  to educate kids in crypto.
Set aside 10% of all crypto for crypto education if you want it to be the new paradigm?

Oh man I had the perfect meme for this. Anyone have that comic strip of two stone age guys arguing about how silver is the true currency and gold is just a shiny rock when they see a guy who is selling stone age merchandise for gold in his little market stall?
RejectedBanana
Sr. Member
****
Offline Offline

Activity: 406
Merit: 551


I am a banana.


View Profile
October 10, 2018, 11:08:08 PM

Bad day for crypto? Ohh... Wait

https://finviz.com/map.ashx?t=sec_all

At least today, Bitcoin held up admirably as an non-correlated asset. A unicorn amidst the carnage. A virgin in the whorehouse.

Maybe tomorrow, investors will notice.
El duderino_
Legendary
*
Offline Offline

Activity: 2926
Merit: 14382


“They have no clue”


View Profile
October 10, 2018, 11:22:58 PM

^
Whatever happens in BTC true hodlers / coiners Will not be distracted by anything , when all crypto turns RED we just HODL

goldkingcoiner
Legendary
*
Offline Offline

Activity: 2464
Merit: 2465


A Bitcoiner chooses, a slave obeys.


View Profile WWW
October 10, 2018, 11:33:48 PM

^
Whatever happens in BTC true hodlers / coiners Will not be distracted by anything , when all crypto turns RED we just HODL



Yeah but mindless panic is still our default mode.
Majormax
Legendary
*
Offline Offline

Activity: 2534
Merit: 1129


View Profile WWW
October 10, 2018, 11:35:22 PM
Merited by BobLawblaw (1)

Sideways is the NEW standard when we get bored of it ..... we Will see ATH’s again, when we get bored of them we Will see dump/crash/corrections again when we get bored again.... we Will go sideways again

Only it seems i’m getting bored faster @ the moment as many others, going to sleep too get bored tomorrow again  Roll Eyes

I'm preparing to be bored for the next year or two.  Best way IMO.  

You could always follow the stock market : that will be more exciting.


Hueristic
Legendary
*
Offline Offline

Activity: 4228
Merit: 6089


Doomed to see the future and unable to prevent it


View Profile
October 10, 2018, 11:44:54 PM

my 1st assembly language program was on a trs-80 model one.. it was pretty much this:

                            LOAD A, "E"
LOOP_OF_DEATH:  PUSH AF
                            GOTO LOOP_OF_DEATH

i did it to see how fast i could fill the screen with the letter "E" vs BASIC code (POKE x,y) as with BASIC you could see it fill as the loop executed.  with PUSH i figured the stack would grow till it filled all memory, including the memory mapped video screen. it did. not to mention overwriting itself eventually of course.

with the machine language code the screen was instantly filled and the machine locked up before i could even begin to take my finger off the RETURN key heh. i was impressed. helped me understand just how fast straight machine code was vs interpreted code.

Nice, I'm surprised the screen filled and the stack didn't crash the system quicker without popping those back off. Doh. Been awhile since I even thought of dealing with push pop and that was 8085 assembler for me.



Busted! Smiley

Quote
Bitcoin BTC, XRP volumes manipulated by Bitbns; found to be inflated by over 500%

https://ambcrypto.com/bitcoin-btc-xrp-volumes-manipulated-by-bitbns-found-to-be-inflated-by-over-500/
Bitcoinaire
Sr. Member
****
Offline Offline

Activity: 696
Merit: 439



View Profile
October 11, 2018, 01:09:09 AM

Dropping hard, compared to the last 28 days.


This may get ugly.

Edit: Maybe it's the shakeout before the breakout.
vit05
Hero Member
*****
Offline Offline

Activity: 672
Merit: 526



View Profile
October 11, 2018, 01:15:43 AM

OMG. Is this real life? What is going on? Sad
xhomerx10
Legendary
*
Offline Offline

Activity: 4256
Merit: 10021



View Profile
October 11, 2018, 01:18:13 AM
Merited by JayJuanGee (1), El duderino_ (1)

Dont' worry.  Good support @ 5800 and then we bounce to 8000... I hope Wink

 edit: there's a support zone between 6100 and 6200 as well. 
Stevenirving
Sr. Member
****
Offline Offline

Activity: 296
Merit: 274



View Profile
October 11, 2018, 01:30:35 AM

Stay strong comrades
bitserve
Legendary
*
Offline Offline

Activity: 1960
Merit: 1630


Self made HODLER ✓


View Profile
October 11, 2018, 01:31:35 AM

da fuck
exstasie
Legendary
*
Offline Offline

Activity: 1806
Merit: 1521


View Profile
October 11, 2018, 01:33:05 AM

On one hand, I'm glad the bears moved first because I've been expecting a headfake. On the other hand, this shit just dumped below the 1-day lower BB. Not a good sign to see range expansion downwards. Let's see how the day closes.

Anyone seeing this Bitfinex premium over Coinbase, Stamp, etc? It's standing at $160 at the moment. What's up with that?
yefi
Legendary
*
Offline Offline

Activity: 2842
Merit: 1511



View Profile
October 11, 2018, 01:33:37 AM
Merited by xhomerx10 (1), JayJuanGee (1)

Dont' worry.

EVERYBODY PANIC!!!!

* yefi chainsaws the screen. 
exstasie
Legendary
*
Offline Offline

Activity: 1806
Merit: 1521


View Profile
October 11, 2018, 01:38:31 AM

Any clue what this was? A gnarly dump to pick up cheap stocks from an Asian investor possibly?

Probably not. It's just some supply coming in. It's possible the bears are winning the battle and this big triangle breaks down.........
Pages: « 1 ... 21153 21154 21155 21156 21157 21158 21159 21160 21161 21162 21163 21164 21165 21166 21167 21168 21169 21170 21171 21172 21173 21174 21175 21176 21177 21178 21179 21180 21181 21182 21183 21184 21185 21186 21187 21188 21189 21190 21191 21192 21193 21194 21195 21196 21197 21198 21199 21200 21201 21202 [21203] 21204 21205 21206 21207 21208 21209 21210 21211 21212 21213 21214 21215 21216 21217 21218 21219 21220 21221 21222 21223 21224 21225 21226 21227 21228 21229 21230 21231 21232 21233 21234 21235 21236 21237 21238 21239 21240 21241 21242 21243 21244 21245 21246 21247 21248 21249 21250 21251 21252 21253 ... 34697 »
  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!