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

[mindrust]

Stamp leading Bitfinex by $140...

A lot of big sell walls on Finex. 100 BTC sell walls every 20 or 30 USD.

I don't know if you are aware, but sell walls mean the price is going to go up, not down. It works opposite of many people think. Somebody had a great explanation for it but I forgot who was it and can't bother to find it now because i am excited as fuck while watching the charts  

He was Hairy probably but not sure.

The God PDF

https://cryptofrenzy.files.wordpress.com/2014/02/god.pdf

That was a great read.

This is quite common, for you have not understand the characteristic of a "whale".
Theyare ruthless, swift, cunning, very very patient and most importantly, they do
not obey the rules of the game. A price will never be too high or low for
them. Prices might have soar 100%, 200% and it will never be too late for
them to enter. Buy high? Sell higher! Sell low? Buy lower!

This is exactly what's happening with crypto. As long as there are whales they can take the price to every where even to a million USD. It doesn't really matter if it is a BTC whale or a FIAT whale, unless BTC whales become bigger than the FIAT whales which means FIAT whales won't have the power to manipulate the markets anymore. To make it happen the price should:

>$500k-$1m

(there will be another problem however, then the only manipulators will be the BTC whales. You really can't do anything about that.)

[1675086407]

1675086407

[Ibian]

Is anyone else bored? I'm bored.

No you are just sober, your body will adjust.

So that's what it feels like. Well time to fix that.

[HairyMaclairy]

Another good one for us to re-read during these big moves (thank you V8)

http://theimpatienttrader.blogspot.com/2011/10/things-ive-learned-after-15-years-of.html?m=1

I am not trading at all.  The last significant buy I made was at $3,800.  I had some pocket change I was able to throw in the ring a few days ago - I can’t even remember the price.   Am just going to ride this train for the next two years.  

[AlcoHoDL]

A sell of around 2000 BTC simply caused a lag of around 2 hours on our way up. I can live with that.

Marching ahead...

[Ibian]

Supreme King Uberbear Tyler Jenks issues first Bitcoin buy recommendation in 17 months:



https://twitter.com/LucidInvestment/status/1127250971053129728

Gotta love how the "pros" recommend to buy at more than 10x what the rest of us did.

[Ibian]

Slashdot, with it's usual BTC snark, a story about Elwar and "his boat".   https://yro.slashdot.org/story/19/05/11/2237252/bitcoin-trading-seasteader-now-on-the-run-for-his-life

Should have just gotten a boat.

[El duderino_]

Damn 82 replies to catch up with, body still needs one turn around before I can get up, then city breakfast remedy to sober up, back home and read the BULLstuff the place will be loaded with, gonna enjoy those 82 maybe more already replies

For the rest, the gif says enough imo.

Cheers and have a beautiful Sunday brothers of the Wall!

[HairyMaclairy]

It is a pleasure to serve with you Mic

We shall live and die at our post. We are the long in the darkness. We are the watchers on the Wall. We are ... the buyers of last resort. We pledge our lives and honor to the Wall Observers, for this night and all the nights to come.

[Globb0]

We should all go start trolling goldbug forums. That'll teach 'em.
Or maybe we should wait til BTC reaches a new ATH to rub it in more.

haha just imagine a forum full of roaches

[ivomm]

It's so nice to go out for a walk on a beautifully sunny Sunday morning, and to come back home and see that your BTC is worth more that you left it...

A two-hour walk earned me 4 months worth of salary money...

Go Bitcoin, go!

In my case, 1 day earned me 4 years salary 

[HairyMaclairy]

It's so nice to go out for a walk on a beautifully sunny Sunday morning, and to come back home and see that your BTC is worth more that you left it...

A two-hour walk earned me 4 months worth of salary money...

Go Bitcoin, go!

In my case, 1 day earned me 4 years salary 

That sir, is a good day.

[mindrust]

Second attempt at crashing it.  

Failed.

$8k Incoming this time. Just like the good old days in 2017. Aaah.



Edit: Was I early?

[VB1001]

This race will be important:

- Weak Hands that have sold
- Those who sold in ATH
- Those who bought in ATH
- Institutional money

Everyone will buy BTC again, the result, some holdlers more and the price of BTC to the moon.

[fragout]

$3 million Bitfinex wall chewed up and spat out. Any rational reason why Bitfinex led the charge and now is lagging behind?

[El duderino_]

🚨Bear Market Survivor T-Shirt 🚨

While all the haters thought Bitcoin was going to $0, you never got distracted by the noise.

Buy a t-shirt and wear them with pride!! 🔥🔥

via Imgflip Meme Generator

[Phil_S]

[HairyMaclairy]

$3 million Bitfinex wall chewed up and spat out. Any rational reason why Bitfinex led the charge and now is lagging behind?

I think this is an organic rally driven by small buyers.  And they aren’t the sort of people who would wire their funds to Bitfinex to buy.  Bitfinex is a whale playground.

[realr0ach]

Any rational reason why Bitfinex led the charge and now is lagging behind?

There is nothing rational about paying $7000 for a timestamp inside a dystopian, permissioned ledger, tracking system.  One day after all this garbage blows up and nobody accepts anything but metals as money again, people will look back in shock that people were paying thousands of dollars for thin air.  It's even worse than fiat because after those hyperinflate you can at least set them on fire to keep warm.  When the currency bitcoin (a currency, not money - important distinction) eventually implodes - because every single currency that's ever existed goes to zero - you don't even get to have anything inside the bag while holding the bag.

[bitserve]

IT IS TIME!!

Still too fucking expensive. I told ya, ring me up when I can buy one of those for *1* BTC and maybe, just maybe, we can have a deal.

[bitserve]

It's so nice to go out for a walk on a beautifully sunny Sunday morning, and to come back home and see that your BTC is worth more that you left it...

A two-hour walk earned me 4 months worth of salary money...

Go Bitcoin, go!

That's how billionaires earn their fortunes. Only poor people earn their money with sweat blood and hard work. BTC will make you rich while you're chillin on a yacht with hot models...

Dude, this is HARD WORK too! Have the past months of suffering and sweating blood suddenly vanished from your memory?

I am still in shock and no amount of money will ever compensate for... Ok, $100K/BTC would do.