HairyMaclairy
Legendary
 Offline
Activity: 1246
Merit: 2020
Degenerate bull hatter & Bitcoin monotheist
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May 12, 2019, 08:39:02 AM |
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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 |
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hodl_2015
Member
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Activity: 360
Merit: 56
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May 12, 2019, 08:40:16 AM |
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Media frenzy incoming.  Some media outlets don't even update there economy section on weekends. Mine is still showing an article about BTC reaching $6000. |
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mindrust
Legendary
 Online
Activity: 1988
Merit: 2096
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May 12, 2019, 08:46:27 AM
Last edit: May 12, 2019, 09:10:19 AM by mindrust |
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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.pdfThat 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.) |
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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May 12, 2019, 08:51:50 AM |
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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. |
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HairyMaclairy
Legendary
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Activity: 1246
Merit: 2020
Degenerate bull hatter & Bitcoin monotheist
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May 12, 2019, 08:53:09 AM |
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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=1I 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. |
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AlcoHoDL
Legendary
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Activity: 1106
Merit: 1198
Addicted to HoDLing!
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May 12, 2019, 08:55:50 AM |
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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...
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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May 12, 2019, 08:56:35 AM |
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Gotta love how the "pros" recommend to buy at more than 10x what the rest of us did. |
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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May 12, 2019, 09:02:28 AM |
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Should have just gotten a boat. |
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El duderino_
Legendary
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Activity: 1246
Merit: 4395
Let's moon together #DUDEphilosophy
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May 12, 2019, 09:09:08 AM |
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 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! |
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HairyMaclairy
Legendary
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Activity: 1246
Merit: 2020
Degenerate bull hatter & Bitcoin monotheist
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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.
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Globb0
Legendary
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Activity: 2436
Merit: 1983
Nobody wants him. He just stares at the wall.
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May 12, 2019, 09:19:48 AM |
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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  |
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ivomm
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May 12, 2019, 09:24:24 AM |
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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 |
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HairyMaclairy
Legendary
Offline
Activity: 1246
Merit: 2020
Degenerate bull hatter & Bitcoin monotheist
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May 12, 2019, 09:27:02 AM |
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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. |
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mindrust
Legendary
Online
Activity: 1988
Merit: 2096
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May 12, 2019, 09:27:08 AM
Last edit: May 12, 2019, 10:02:11 AM by mindrust |
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Second attempt at crashing it.  Failed. $8k Incoming this time. Just like the good old days in 2017. Aaah.  Edit: Was I early? |
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VB1001
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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.
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fragout
Legendary
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Activity: 1262
Merit: 1017
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May 12, 2019, 09:30:38 AM |
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$3 million Bitfinex wall chewed up and spat out. Any rational reason why Bitfinex led the charge and now is lagging behind?
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El duderino_
Legendary
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Activity: 1246
Merit: 4395
Let's moon together #DUDEphilosophy
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May 12, 2019, 09:31:52 AM Merited by 600watt (1), asu (1) |
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🚨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 |
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HairyMaclairy
Legendary
Offline
Activity: 1246
Merit: 2020
Degenerate bull hatter & Bitcoin monotheist
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May 12, 2019, 09:45:27 AM |
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$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. |
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realr0ach
Sr. Member
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Activity: 924
Merit: 311
#TheGoyimKnow
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May 12, 2019, 09:45:39 AM |
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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. |
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