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

[julian071]

https://askbrokers.com/news/was-bitcoins-rise-all-due-to-price-manipulation-department-of-justice-investigating

No one also thinks this might spell months and months of bad news? We all now it's true, tethers printed out of thin air, propping up all kinds of prices. Tether and Bitfinex finally going belly up will cause some waves. It's a whale after all.

Crash it with the same Korea FUD

It's FUD? Genuine question.

[encycrypto]

Got liquidated yet?

I have never been liquidated.  And I don’t intend to start. 

Nice! I thought you were levereged shorting bitcoin at Bitmex.

[bitserve]

We just touched $4,000.00 on Stamp then. As soon as it touched bang on 4k it started dumping again.

Because that's where people that bought on the last dip had their sell orders. Let's see if it tries to go through for a second time.

[HairyMaclairy]

Got liquidated yet?

I have never been liquidated.  And I don’t intend to start.  

Nice! I thought you were levereged shorting bitcoin at Bitmex.

I was.  I closed all of my positions and exited the market about 18 hours ago and posted it.  It’s in this thread if you care enough to check.

[HairyMaclairy]

https://askbrokers.com/news/was-bitcoins-rise-all-due-to-price-manipulation-department-of-justice-investigating

No one also thinks this might spell months and months of bad news? We all now it's true, tethers printed out of thin air, propping up all kinds of prices. Tether and Bitfinex finally going belly up will cause some waves. It's a whale after all.

Crash it with the same Korea FUD

It's FUD? Genuine question.

Yes it’s FUD.  Follow the article links.  It cites The Information which cites Bloomberg.  It’s a circle of FUD. 

[El duderino_]

Got liquidated yet?

I have never been liquidated.  And I don’t intend to start.  

Nice! I thought you were levereged shorting bitcoin at Bitmex.

I was.  I closed all of my positions and exited the market about 18 hours ago and posted it.  It’s in this thread if you care enough to check.

You ain’t gotta proove nothing man....
Keep on your good trading
And give us something bullish

[Last of the V8s]

Nah it’s just filtering out the Bitfinex premium which is noise.  

but but those positions are trading on the finex price, and the premium changes all the time, so it makes your comparison graph noisier.
for me at least. but if it works for you, great, you're getting enough noise as it is lol

[starmman]

Got liquidated yet?

I have never been liquidated.  And I don’t intend to start.  

Nice! I thought you were levereged shorting bitcoin at Bitmex.

I was.  I closed all of my positions and exited the market about 18 hours ago and posted it.  It’s in this thread if you care enough to check.

You ain’t gotta proove nothing man....
Keep on your good trading
And give us something bullish

The bears have done pretty well until now - would be great to see a some kind of turnaround before the new year tax payoff

[bitserve]

Got liquidated yet?

I have never been liquidated.  And I don’t intend to start.  

Nice! I thought you were levereged shorting bitcoin at Bitmex.

I was.  I closed all of my positions and exited the market about 18 hours ago and posted it.  It’s in this thread if you care enough to check.

What percentage of your total stash are you trading with if I may ask?

I mean, IIRC you said you are basically net long if your cold wallet is considered. Maybe I am wrong.

[bitmover]

[realr0ach]

Millions of trapped hodlers that need someone to dump on.  Don't disappoint us, Jihan Wu.  Pump the price so they may dump on you.

[bones261]

https://askbrokers.com/news/was-bitcoins-rise-all-due-to-price-manipulation-department-of-justice-investigating

No one also thinks this might spell months and months of bad news? We all now it's true, tethers printed out of thin air, propping up all kinds of prices. Tether and Bitfinex finally going belly up will cause some waves. It's a whale after all.

Crash it with the same Korea FUD

It's FUD? Genuine question.

Yes it’s FUD.  Follow the article links.  It cites The Information which cites Bloomberg.  It’s a circle of FUD.  

Agreed.

The Justice Department and CFTC are coordinating their examinations, the people said.

https://www.bloomberg.com/news/articles/2018-11-20/bitcoin-rigging-criminal-probe-is-said-to-focus-on-tie-to-tether

Who the f*ck are "the people?"  

Furthermore,

Some market participants have had doubts about Bitfinex actually having USD backing up their claims. The U.S. regulator CFTC subpoenaed Bitfinex to found out more.

https://askbrokers.com/news/was-bitcoins-rise-all-due-to-price-manipulation-department-of-justice-investigating
Who are these market participants? What are their credentials? Lot's of weasel words if you ask me.

Edit: and here is the disclaimer in the Bloomberg article:

It couldn’t be determined whether government officials are solely investigating activity that occurred on Bitfinex or if exchange executives are suspected of illegal behavior. Neither the Justice Department nor the CFTC has accused anyone of wrongdoing, and authorities may ultimately conclude that nothing illicit occurred.

https://www.bloomberg.com/news/articles/2018-11-20/bitcoin-rigging-criminal-probe-is-said-to-focus-on-tie-to-tether

OK, never mind. 

[Last of the V8s]

https://twitter.com/IamNomad/status/1064878901581815808
There was another whole thread picking the fuddy article apart.
Ages ago. Wonder why toknormal saw fit to post it just then.
If you've made it this far in the thread, you're probably wondering. "Ok Nomad, if there NO new news, NO commentary making it news, NO recent developments confirmed AND NO confirmation of anything being reported previously, why are they running the article ? "

[HairyMaclairy]

55% deep cold storage.  35% multi-year swing trade.  10% margin trading.   Low leverage shorts until late Jan 2019 then stop all margin trading and start buying physical on dips.  Start buying low leverage longs in October 2019.  

[Last of the V8s]

55% deep cold storage.  35% multi-year swing trade.  10% margin trading.   Low leverage shorts until late Jan 2019 then stop all margin trading and start buying physical on dips.  Start buying low leverage longs in October 2019.  

That's really nice. May I also point out how attractive is your use of 2 spaces after a full stop. Very quaint, very reminiscent of ...

[jojo69]

The Justice Department and CFTC are coordinating their examinations, the people said.

https://www.bloomberg.com/news/articles/2018-11-20/bitcoin-rigging-criminal-probe-is-said-to-focus-on-tie-to-tether

Who the f*ck are "the people?"  

I noticed that when the article came out, I went back 3 times trying to make a coherent paragraph out of it.  Unfortunately we seem to have turned journalism over to millennial flunk outs.

[PoolMinor]

55% deep cold storage.  35% multi-year swing trade.  10% margin trading.   Low leverage shorts until late Jan 2019 then stop all margin trading and start buying physical on dips.  Start buying low leverage longs in October 2019.  

Buy before September 30, 2019

[Kylapoiss]

55% deep cold storage.  35% multi-year swing trade.  10% margin trading.   Low leverage shorts until late Jan 2019 then stop all margin trading and start buying physical on dips.  Start buying low leverage longs in October 2019.  

That's really nice. May I also point out how attractive is your use of 2 spaces after a full stop. Very quaint, very reminiscent of ...

Oh, so he is ... Craig?

[goldkingcoiner]

the panic sellers about to buy back in... wait for it.... wait for it...

[julian071]

OK, thanks. FUD it is.

The paper that is linked still looks interesting tho, but I lack the knowledge to really assess its credibility.