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

[fillippone]

Just woke up, is the red candle to $6100 on bitstamp real or is it a glitch?

It wasn't a glitch.
A "usual suspects post mortem analysis here:
BITCOIN PRICE ‘FLASH CRASHES’ TO $6.1K – HERE’S THE LIKELY REASON WHY

The Rundown

Whale Dump, ‘Fat Finger Error,’ or Bot Glitch
Bitcoin Price Parabolic Advance Halted

A 5,000 BTC dump on Bitstamp likely caused the bitcoin price flash crash that occurred during the early hours (UTC) of Friday (May 17, 2019). Bitcoin plunged to as low as $6,100 on the exchange but has since recovered over $7,000 over the past few hours.
[snip]

[1702159319]

1702159319

[realr0ach]

Nice...Bitunlocker the Jew shill is back quoting evil cult of Judaism texts claiming all non-Jews are supposed to be their slaves LOL.  And these people wonder why they've been kicked out of 109 different countries like 300+ times now.

hard to deny .thanks to see that your memory is really great !!!

Since the Kabbalah claims souls are reincarnated/recycled, you're probably trapped in a neverending loop trying to enslave goyim and then being exterminated in retribution and we've already done this like 100 times before.

[VB1001]

Bitstamp

1/2: A large sell order was executed on our BTC/USD pair today, strongly impacting the order book.
Our system behaved as designed, processing and fulfilling the client’s order as it was received.

https://twitter.com/Bitstamp/status/1129311518091300864

2/2: We closely examine every event that causes large-scale movement in our order book and have started an immediate case investigation.

https://twitter.com/Bitstamp/status/1129311623951409153

[gentlemand]

2/2: We closely examine every event that causes large-scale movement in our order book and have started an immediate case investigation.

Interesting. Do they have form for this?

Where does selling a shit ton turn into something that gets legal types hot and bothered?

[Arriemoller]

Just went grocery shopping, and they had a voting booth there so I popped in and did my duty.
Voted for this party. https://www.youtube.com/watch?time_continue=15&v=HrmF_I0-l3M
(For Murricans and others, it's the EU parliament election).

Oh yeah, bitcoin and such, it's gone up much, so no it goes down some, soon it will go up some again. It's been doing that for as long as I can remember, just relax.

[fillippone]

Just went grocery shopping, and they had a voting booth there so I popped in and did my duty.
Voted for this party. https://www.youtube.com/watch?time_continue=15&v=HrmF_I0-l3M
(For Murricans and others, it's the EU parliament election).

Oh yeah, bitcoin and such, it's gone up much, so no it goes down some, soon it will go up some again. It's been doing that for as long as I can remember, just relax.

I am not sure what you did, but for sure you didn't vote for the European Elections will be held next week:
https://en.wikipedia.org/wiki/2019_European_Parliament_election

[VB1001]

2/2: We closely examine every event that causes large-scale movement in our order book and have started an immediate case investigation.

Interesting. Do they have form for this?

Where does selling a shit ton turn into something that gets legal types hot and bothered?

While Bitstamp investigates what happened..., I have to do a delicate operation, change the position of the HiFi speakers, the result is often not the expected.

[realr0ach]

How did Germans become such mind-bogglingly stupid people.  Dogs have an IQ of like 3 and inherently know black people are not safe to be around and always bark at them.  Germans line up begging to be murdered in a level 5 chimpout.

Germany: 26yo Eritrean Migrant Repays Family Who Took Him In By Stabbing Their 11yo Child While Shouting 'Die, Die, Die!'

http://www.informationliberation.com/?id=60215

[Cryptotourist]

Working overtime today, are we r0achie?
Dogs sense energies (i.e. fear) & don't see colors.
Maybe you should pick up on that.

It's time for you to wank. It's been hours.

[ivomm]

Bitstamp

1/2: A large sell order was executed on our BTC/USD pair today, strongly impacting the order book.
Our system behaved as designed, processing and fulfilling the client’s order as it was received.

https://twitter.com/Bitstamp/status/1129311518091300864

2/2: We closely examine every event that causes large-scale movement in our order book and have started an immediate case investigation.

https://twitter.com/Bitstamp/status/1129311623951409153

So either a fat finger, or a n00b short manipulator. Doesn't he know that the exchange blocks withrawals of such magnitute because of money laundering suspicion? Bitstamp also excanges data of such potential manipulators with all derivate exchanges. So if he or a member of his family is registered there, that money will be blocked too. Good luck with proving to FBI or Interpol that his money are legally obtained. Such greedy bastards lose everything with one stupid mistake. Curse them!

[El duderino_]

2 pages filled with 50% idiocy

and we all laughing cause BTC just playing around with those idiots      

Realize its Friday, hoppe the weekend will be pleasant and Saturday filled with good wine, good food and good WO-moments ....

[cAPSLOCK]

You left out _unwriter.

Have you stopped to think what a centralized panopticon nightmare is being built if the ideals of BSV and _unwriter came to fruition?

[Cryptoqueeen]

A dystopian, Australian, cannibalistic hermit colony run by Vitalik and flying drones is far more interesting than Cryptobimbo.  I imagine 90% of the stuff she says to Trollgoossens revolves around "Trollgoossens, when are you going to take me to so and so", "Trollgoossens, take me to eat at ______", "Trollgoossens, it's hot or cold.  Adjust the AC", "Trollgoossens, take pictures of me with this camera so I can upload them to Instagram in order to try and upgrade to a better boyfriend", "Trollgoossens, you are not making any money doing this stupid gambling thing.  You need to stop gambling and get a job at the grocery store to support me".

We all know you like to make outlandish claims. In this case it's quite easy to compare to reality and to see how wrong and misguided you are. I wonder how much damage this mentality has already done to your personal life, your chance to procreate and your general happiness level. Almost at the point of feeling sorry for you but think it's all well deserved.

You remind me a lot about the French author Houellebecq with his depressing view on life and his complete failure to connect with the other sex. For me you are completely at the bottom of the masculine hierarchy. Probably for the best your genes die as I don't see humanity having much positive to gain from them.

[lightfoot]

Nice that someone out there donated 5,000 BTC to the "buy the fucking dip" movement.

[Paashaas]

[Arriemoller]

Just went grocery shopping, and they had a voting booth there so I popped in and did my duty.
Voted for this party. https://www.youtube.com/watch?time_continue=15&v=HrmF_I0-l3M
(For Murricans and others, it's the EU parliament election).

Oh yeah, bitcoin and such, it's gone up much, so no it goes down some, soon it will go up some again. It's been doing that for as long as I can remember, just relax.

I am not sure what you did, but for sure you didn't vote for the European Elections will be held next week:
https://en.wikipedia.org/wiki/2019_European_Parliament_election

I think I know what I'm doing https://www.youtube.com/watch?time_continue=1&v=m2P3EIPXnl0 (chose English subs).
And
https://www.val.se/servicelankar/other-languages/english-engelska/voting-in-advance.html

[Torque]

But here's the thing everyone should remember:

There will be no new Bull Run without plenty of FUD and fake bullshit to accompany it every step of the way. Not gonna happen.

Ah the multi pages of troll fuckery during a dump. How we missed you.

[JayJuanGee]

Just woke up, is the red candle to $6100 on bitstamp real or is it a glitch?

What I see on the 1 min chart is that there were 4 sells around 900BTC each. It may be one whale dumping 3.6K BTC, or just 800BTC which triggered stop losses on Bitstamp. BFX didn't follow - it stopped above 7K. This was important and quite unpleasant for BFX shorters. Their plan didn't work out. At the same time, Bitstamp quickly recovered above 7200, which is a strong bullish indicator. We are only 1 year before the halving and 2 months before bakkt's launch. Fidelity is also preparing. These two huge regulated markets will open wide the doors for ETF approval. Besides, literally everyone even the notorious bear trolls like r0ach, gembitz, etc. believe that we will return to 20K in 2-3 years tops. So nobody has an interest of selling big amounts except the daily traders who try to make a living on the volatility. Which reminds us that the definition of the daily trader is one who is hoping to return his investment by  watching the diagrams 24 hours and cutting his losses. If he is playing with shitcoins, the chances are 99% that he will never return his investment. If he is playing with Bitcoin, chances are 50% he will make a living. The main characteristic of all traders is their lack of patience and perseverance. On the contrary, the hodler is the one with strong nerves and who patiently awaits his prize - whether $1 mil, $10 mil, or bigger.

There are ways to trade and/or HODL that are not as dichotomous as you are making them out to be, so even though I find your overall point about the prudence in a HODL and buy on dips strategy, it is not the only way to skin a cat... ... even though it remains quite a good strategy.... Furthermore, neither trading nor traders are bad, and trading is a great thing to bring to any market because it both brings liquidity and price discovery, even if it frequently is manipulated (or attempted) on a regular basis.

I agree with you that there are a large number (percentage) of regular folks who likely get burned with their trading and their trading attempts, but so what?  Does not make trading a bad thing, and surely there are a whole hell of a lot of trading opportunities that came about from bitcoin (and shitcoins, too) that were not really available to regular and average people, before this recent evolution of "crypto"

In other words, volatility in less mature asset classes, such as bitcoin, is one of the most inevitable aspects, and since it is nearly certainly inevitable, there are ways to structure your own BTC holdings and BTC strategy around such near inevitability,  without necessarily listening to people who are giving bad (gambling) information.  You don't necessarily need to gamble to structure your BTC approach that allows for buying and selling and holding that takes advantage of almost certain inevitable BTC volatility. ...

And, by the way, fuck the shit coins.  You don't need to get involved with trade/ gambling with that quasi-centralized and largely scam pump and dump smoke and mirrors bullshit in order to take advantage of near certain volatility in bitcoin.

[Hueristic]

Like this one for who didn't saw the GOT thread....

Whats funny is when she went ballistic on all the innocent people that didn't bother me but what did is the fact that they were just hanging out like nothing was going on in the streets when there was a fucking Army attacking the fucking walls!!!

This season is so bad I was not surprised at all that they would take a character and make them act completely out of character just for the shock value. HBO bombed this season badly. After 2 fucking years of waiting I could care less about watching any of the other shows.

[JayJuanGee]

I'm going to make sure you guys are seated next to each other at the 100K party.  

Where you gonna put me in between??

between realr0ach and Gembiz

EDIT: is Gembiz deleted? can't find him. weeehhh

EDIT2: ahh gembitz weeeh weeeeehh

Rebal15 too.

Micpeep will be at the table with those three, keeping them in line.  



Weeee!