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November 29, 2020, 08:18:17 AM *
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Question: When ATH?
Nov. 2020 - 47 (36.2%)
Dec. 2020 - 43 (33.1%)
Jan. 2021 - 14 (10.8%)
Feb. 2021 - 5 (3.8%)
Mar. 2021 - 5 (3.8%)
After Mar. 2021 - 16 (12.3%)
Total Voters: 130

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 24543194 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (153 posts by 40 users deleted.)
HairyMaclairy
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May 12, 2019, 08:39:02 AM
Merited by mindrust (1)

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  Grin

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
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May 12, 2019, 08:40:16 AM

Media frenzy incoming. Smiley
Some media outlets don't even update there economy section on weekends. Mine is still showing an article about BTC reaching $6000.
mindrust
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May 12, 2019, 08:46:27 AM
Last edit: May 12, 2019, 09:10:19 AM by 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  Grin

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.)
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May 12, 2019, 08:51:50 AM

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
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May 12, 2019, 08:53:09 AM

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.  
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May 12, 2019, 08:55:50 AM

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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May 12, 2019, 08:56:35 AM

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.
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May 12, 2019, 09:02:28 AM

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_
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May 12, 2019, 09:09:08 AM



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 Cheesy

For the rest, the gif says enough imo.

Cheers and have a beautiful Sunday brothers of the Wall!
HairyMaclairy
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May 12, 2019, 09:14:34 AM
Merited by El duderino_ (1)

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
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Nobody wants him. He just stares at the wall.


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May 12, 2019, 09:19:48 AM

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
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May 12, 2019, 09:24:24 AM

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  Grin
HairyMaclairy
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May 12, 2019, 09:27:02 AM

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  Grin

That sir, is a good day.
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May 12, 2019, 09:27:08 AM
Last edit: May 12, 2019, 10:02:11 AM by mindrust

Second attempt at crashing it.  Roll Eyes

Failed.

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



Edit: Was I early?
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May 12, 2019, 09:29:11 AM
Merited by 600watt (1), mindrust (1)

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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May 12, 2019, 09:30:38 AM

$3 million Bitfinex wall chewed up and spat out. Any rational reason why Bitfinex led the charge and now is lagging behind?
El duderino_
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May 12, 2019, 09:31:52 AM
Merited by 600watt (1), asu (1)

🚨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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May 12, 2019, 09:38:30 AM
Merited by 600watt (1), MirkoIta (1)

HairyMaclairy
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May 12, 2019, 09:45:27 AM

$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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May 12, 2019, 09:45:39 AM

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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