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

[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.

[1714208813]

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[1714208813]

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[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.

[HairyMaclairy]

Touche. Granny pics are not the only way to date someone.

Please post your own TA.  You have beaten me to the punch a number of times.

[toknormal]

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.

Because whether it's "fud" or not, having a private company in the Cayman Islands print blockchain tokens out of nothing, backed by nothing and using them to populate the bid side of the BTC/USD pairing across exchanges is about as scammy as you can get

[BinaryReign]

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

“So bounce, bounce, come on bounce!
I said come on, bounce
Everybody in the house with a half an ounce (me!)
Not weed, I meant coke, dumb-ass sit down”

 

[Last of the V8s]

OK, thanks. FUD it is.

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

https://youtu.be/UUJdBz22hz8?t=6770
shinobi, who has that knowledge, rubbishes the paper

[empowering]

Deep breaths

[bitserve]

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.  

Very detailed, thanks. I like the way how you already have the timeline planned.

[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.

Because whether it's "fud" or not, having a private company in the Cayman Islands print blockchain tokens out of nothing, backed by nothing and using them to populate the bid side of the BTC/USD pairing across exchanges is about as scammy as you can get

https://youtu.be/UUJdBz22hz8?t=6770
listen, learn

[Kylapoiss]

4k broken again, going higher this time