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

[HairyMaclairy]

Except on Mex even a tiny order can have massive slippage.

Which I think shows their books are cooked.  

Stop losses have their place on a proper exchange.  You need tools to take you out of a position if the market turns.

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[Majormax]

There will only be 818,913 more bitcoin mined before the next halvening event.

That is only $3 billion worth of bitcoin.

Let bears enjoy a few extra percentage points.

Worrying about catching the exact bottom is like trying to pick up a penny in front of a steamroller.

https://twitter.com/alecziupsnys/status/1099746204433506304?s=21

Well nobody new is buying at the moment, let alone $3B of new money. Down we go.

Well, that doesn't include any existing holders who wish to cash out a little bit to fiat.

A net sale is a given for the next year or so, but that might only mean a slow drift down, not a sudden move at a predictable time..

IMO any new buyers in the next year or two will take up the issuance, leaving the price in a stable range. If volatility is low for a long time, it will ease objections about volatility making real use cases  difficult..

Between 3k and 4k until 2021 is quite possible.

[Phil_S]

Now THAT is what I’m talking about. Could maybe do with a few more blacked out windows, nobody wants to see you jerking off on the sofa.

On the other hand, it could protect you from pirates.

[Last of the V8s]

Arthur does front run the little fish when his mates need to flog off a big chunk; saw this in action over the past few days.
For that fourth leg up and dump, the one whale theory holds.

Meanwhile we sprats fiat cost average in and btfd at these paltry prices.

[Last of the V8s]

The dildo. It's coming.

[Last of the V8s]

Unfortunately, time and time again we have witnessed ecosystem members engage in toxic behavior that discourages open discussion such as doxxing, violent threats, or brigading against people they disagree with. In an instance just last week, one of our longest standing contributors, and the catalyzer of the Görli Testnet, Afri, received a wave of verbal violence from some Redditors, forced into the center of a storm on r/ethtrader which, triggered by a couple of tweets issued by him, turned menacing, dark, and deeply toxic. Under stress from this backlash and to protect himself and his family from threats coming from unknown internet users, he made the decision to leave his position as a core Ethereum developer.

not even funny

[vroom]

The dildo. It's coming.

WO fellows, get prepared



with lightning support

[El duderino_]

via Imgflip Meme Generator

Ginger lightning

[RayX12]

Yes, proof that too many pricks own too much bitcoin.

[Globb0]

Funny story, I brought some anal fisting gel and rope  from the internet to make giant bubbles.

I didn't mention it to my gf and she found them one day when tidying.

[Last of the V8s]

oh god now i gotta ddg anal fisting rope

[Globb0]

oh god now i gotta ddg anal fisting rope

She wouldn't believe me. Just said anal fisting? you can forget that idea.  LMAO

https://youtu.be/VXsPqUFsArM?t=147

[BitcoinGirl.Club]

Good Afternoon WO. Sad news. We lost another good forum member:

RIP brother. See you on the other side.

[_javier_]

There will only be 818,913 more bitcoin mined before the next halvening event.

That is only $3 billion worth of bitcoin.

Let bears enjoy a few extra percentage points.

Worrying about catching the exact bottom is like trying to pick up a penny in front of a steamroller.

https://twitter.com/alecziupsnys/status/1099746204433506304?s=21

Well nobody new is buying at the moment, let alone $3B of new money. Down we go.

All the people that have been selling from higher prices will begin to buy after a couple of green candles.. its called FOMO.

[realr0ach]

For that fourth leg up and dump, the one whale theory holds.

That's what I've been telling you morons for years.  The price of bitcoin has been controlled by a single entity operating on the fraudulent exchange Bitfinex ever since it was $200.  It was solely manipulation from a single entity all the way up, and then a 9/11 controlled demolition all the way down.  There is no actual bitcoin market.  A market requires more than one actor.  The market is completely fake.

[Globb0]

How bias?

https://www.weforum.org/agenda/2018/12/24-cognitive-biases-that-are-warping-your-perception-of-reality?

[kingcolex]

Good Afternoon WO. Sad news. We lost another good forum member:

RIP brother. See you on the other side.

I always hate to hear such things, hopefully his family is doing well.

[BitcoinGirl.Club]

Good Afternoon WO. Sad news. We lost another good forum member:

RIP brother. See you on the other side.

I always hate to hear such things, hopefully his family is doing well.

I hope they do. Everyone of us have to go some day. It just hurts when you lose someone you used to know or even seen here and there few times.

[ivomm]

Yesterday's dump was because of some miner who transferred 2500 BTC in Bitfinex and sold directly. He was not a trader, because a several hours earlier, he could have sold to an ask wall of 1180BTC at 4230$. This guy clearly went above the electricity expenses and decided to take his profit. May be he read the old news article: https://coinnounce.com/cryptocurrency-regulations-in-china-the-journey-and-the-current-status/
When Chinese n00b miners read about the incoming ban (it will happen very soon indeed), I imagine how nerveous they get to sell their precious BTC's only to be able to pay the electricity and other expenses. I hope this year we will lose forever those weak hands and be able to recover in the ATH area at least. But even if these imbecile dumps hold us for another year, after the halvening we will shoot to the moon!

Can I ask where you got this info from?

Obviously where we all get our information from, rumors and straight out of our asses.

I get this info from the same source Lambie gave:

https://www.reddit.com/user/kippysmith1231

16 minutes ago
"So far, we have no reason to believe that this means that our uptrend is over. As far as we can tell, this sell off was mostly one whale market selling off 2500 coins, which you can see being transferred and then immediately spent here:

https://snag.gy/nk8rRM.jpg

This triggered a lot of stop losses, and since we were at the top of our uptrend just below resistance, there were plenty of people happy to follow along and short it.

However, we have found support at the bottom of our current upward channel trend."

Edit. For some reason I can't see anymore the post in reddit. May be it was deleted. Yesterday I saw the addresses and the times of transactions. Everything matched perfect. I never use false numberes like n00b trolls here, FYI.

[mikeywith]

price is struggling to go above the blue trend line, and a bear flag is forming , another potential drop  incoming, this scenario will be invalid only if price close above the trend line which is less likely.