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

[bitserve]

I pan'cd dumped 13 BTC and the last of my LTC so I can pay my health insurance this last year of 2019 (64 years) and eat and not

work for anyone that last year..if as I suspect we may be looking at 3k or below coin

hope I'm wrong..but hopefully, this is a sign of a pump in that I'm always incorrect

anyway,

'the needs must, when the devil drives' ( a 17th century saying)

A LOT of folks are going to be dumping BTC and coin of many flavors to either stay crypto retired or if in a crypto self-employed biz these

last years..not to work for anyone again/ and or pay off the data hall building or other hedges from their crypto biz

CME futures the end of this month, folks set aside for taxes and Xmas...likely SEC 'hell no" to ETF decision on a few weeks...all does not bode well

so again, hopefully I'm wrong..but a guy has to eat don't ya know

you can thank me with merit for the pump in BTC when it happens (again I'm always wrong )

so as sad as my loss of 13 BTC maybe..it is much better for working for someone again

later

A man's gotta do what a man's gotta do.

[jojo69]

I'm not buying it


be one with the doom

[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

[rafanadal]

[encycrypto]

Ok looks like time to long. Price is not going to dip any lower than 3.4k.  

It’s really tempting given the number of shorts outstanding.  But I don’t allow myself to trade against overall trend.  

I think the hardest part about trading is forcing yourself to sit on your hands. 

Got liquidated yet?

[LFC_Bitcoin]

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

[HairyMaclairy]

Got liquidated yet?

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

[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 ? "