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

[fillippone]

Today BAKKT traded BTC217, in 5yrs that'd take up almost 50% of the supply. Silly traders with their dinosaur charts and triangles.

Not today, maybe UNTIL Today.
I think a summary of a future contract work is badly needed here. I am working on it., but it's a long effort.

As I am writing this post, TODAY BAKKT future traded 1 lot:
https://www.theice.com/products/72035464/Bakkt-Bitcoin-USD-Monthly-Futures-Contract/data?marketId=6137541

That's ridiculous.
 
Related to this news, I can tell you that so far, the best explanation for the BTC price dump is the following:
1.Big swinging dicks got ready for a successful BAKKT launch, comparable to CME/CBOT futures, with 5000x Bitcoin volumes in the first days. This would have sent the BTCUSD Price skyrocketing.
2.Big swinging dicks loaded guns leveraging long position on Bitmex.
3. BAKKT launch was a disappointment, with ridiculous volumers.
4. Big swinging dicks understood BAKKT was not meant to be an immediate success they had to close their long, because VaR constraints.
5. This forced liquidation, than moved the price lower, forcing slower money to force their own liquidations, like a snowball effect.
6. Unfortunate coincidence (no tinfoil mode here) Hashrate dipped spurring a lot of concern (again, no conspiracies theories about a 51% attack against BAKKT, it might have been only a cloud services outage in inner China that temporarily stopped some mining pool).

These my 2 cents.

[1573702568]

1573702568

[1573702568]

1573702568

[1573702568]

1573702568

[1573702568]

1573702568

[d_eddie]

You do like that stuff don't you?

Do I? What stuff?

Learned rants dripping smugness and enygmatic enough to stay safely meaningless for the general public 

[rebal15]

. Here I am:



TA analysis: It's forming a descending triangle pattern, but the feeling is bullish.

You are so hot. show them to us at the end of the week if price of BTC bounce back to weekly MA22 ($9500) .

[gentlemand]

Learned rants dripping smugness and enygmatic enough to stay safely meaningless for the general public  

A Trilema crew meet is one I really, really, really would not want to attend.



I presume they would catch, boil and eat a street child to get warmed up and then spend the rest of the night giving long oratories, but they'd all do it over each other at the same time.

Even if any of them could hear the other, none of them would understand what anyone else was saying and they'd be deeply, deeply aroused by that.

[makrospex]

something is mildly pushing up against resistance now.
fingers crossed  

EDIT: Stopped. Back to hovering lightly above $8.400
Can i take another boring two weeks?

[micgoossens]

There was a Rambo movie in 2008? I had no idea. Have to look for it on the net. What's it called?

Rambo https://www.imdb.com/title/tt0462499/

He takes a bunch of religious pussies into Burma. They gain redemption at the end by dashing a local's brains out with a rock.

Taking a throat with hand

What movie is this Mic?

I honestly don't know

What is a strange thing

[gentlemand]

I honestly don't know

What is a strange thing

It looks like the uncut version of Dumb and Dumber 2.

[nutildah]

What movie is this Mic?

I honestly don't know

Its called MacGruber. It features a lot of Saturday Night Live cast members at the time, and is a completely ridiculous action movie. MacGruber's special move is to rip the throat out of his opponents. Your comment just reminded me of it, and you might like it (might not though, IMDB gives it 5.5 out of 10 -- pretty harsh).

And Val Kilmer is the villain, playing a fatter version of himself:

[Globb0]

Bargain alert - https://www.wilsonsauctions.com/timed-auction/listings/lot?salecode=192398&listingid=d95e4df2-00f9-45c1-833a-937f0edae9a0&bundleoverview=false

The UK government is auctioning some crypto they nicked off someone who nicked it.

If you wish to pay £99 for 0.1 BSV instead of £68 for a whole one, and who doesn't? this could be your only chance this year.

Lol, its at  £466, the idiots don't know they are not bidding on real bitcoin.

The paper this morning said it was bitcoin

[micgoossens]

What movie is this Mic?

I honestly don't know

Its called MacGruber. It features a lot of Saturday Night Live cast members at the time, and is a completely ridiculous action movie. MacGruber's special move is to rip the throat out of his opponents. Your comment just reminded me of it, and you might like it (might not though, IMDB gives it 5.5 out of 10 -- pretty harsh).

And Val Kilmer is the villain, playing a fatter version of himself:

Never heard of it, but gentlemand has a point it does look like its Dumb and Dumber

[d_eddie]

Bargain alert - https://www.wilsonsauctions.com/timed-auction/listings/lot?salecode=192398&listingid=d95e4df2-00f9-45c1-833a-937f0edae9a0&bundleoverview=false

The UK government is auctioning some crypto they nicked off someone who nicked it.

If you wish to pay £99 for 0.1 BSV instead of £68 for a whole one, and who doesn't? this could be your only chance this year.

Lol, its at  £466, the idiots don't know they are not bidding on real bitcoin.

The paper this morning said it was bitcoin

I wonder what paper that is. Clueless journalists or shitcoin shills? 

[gentlemand]

I wonder what paper that is. Clueless journalists or shitcoin shills? 

It's £1 less than yesterday which I presume means you can rescind your bids. Hopefully people will clue up before the end of the auction.

[Lambie Slayer]

https://twitter.com/realDonaldTrump/status/1149472282584072192

So July 11 Trump crossed the Slayer line and lost my support by bad mouthing Bitcoin. Bitcoin itself put a cosmic curse upon him and his demise was only a matter of time.

On July 25, just two weeks later, Trump made his fateful call to Ukraines leader and asked for him to investigate Biden, his top political opponent, and used frozen funds as a coercive measure to get his way. Now he is being impeached.

How many politicians will have to learn the hard way never to go against Bitcoin. Remember the AG who came at Bitcoin only to be disgraced and resign a short time later for beating and sexually abusing ex girlfriends.



Its time to face the fact that Bitcoin is a living hyper-intelligent entity that tears down its enemies one by one though mysterious ways beyond the apprehension of higher primates.

Hail King Bitcoin.  

[Cryptotourist]

You are so hot.

That's not a goat nor a camel. It's human. Female.

#

The bubble will pop shortly

Of course it will. I'll bring the dildo.

[somac.]

https://twitter.com/realDonaldTrump/status/1149472282584072192

So July 11 Trump crossed the Slayer line and lost my support by bad mouthing Bitcoin. Bitcoin itself put cosmic curse upon him and his demise was only a matter of time.

On July 25, just two weeks later, Trump made his fateful call to Ukraines leader and asked for him to investigate Biden, his top political opponent, and used frozen funds as a coercive measure to get his way. Now he is being impeached.

How many politicians will have to learn the hard way never to go against Bitcoin. Remember the AG who came at Bitcoin only to be disgraced and resign a short time later for beating and sexually abusing ex girlfriends.



Its time to face the fact that Bitcoin is a living hyper-intelligent entity that tears down its enemies one by one though mysterious ways beyond the apprehension of higher primates.

Hail King Bitcoin.  

Trump is not being impeached yet and even if he does, the senate won't convict, just like it didn't for Bill Clinton so it doesn't matter. I don't care either way here, but I think Democrats have really fucked themselves over with this one, it looks as though they are protecting Biden, and Biden appears to be guilty. Very possible the Democrats will lose votes over this, so this whole impeachment may be very positive for Trump.

First the Russians, then the supreme court issues, and now impeachment. Honestly, not a good look if they fail at this one too.

But fuck it all anyway, they can't stop BTC so it doesn't matter.

[nutildah]

https://twitter.com/realDonaldTrump/status/1149472282584072192

So July 11 Trump crossed the Slayer line and lost my support by bad mouthing Bitcoin. Bitcoin itself put cosmic curse upon him and his demise was only a matter of time.

On July 25, just two weeks later, Trump made his fateful call to Ukraines leader and asked for him to investigate Biden, his top political opponent, and used frozen funds as a coercive measure to get his way. Now he is being impeached.

Seems that Trump is not only a WO fan but has already turned a corner based on your stunning revelations:

[VB1001]

To make the visit more enjoyable and constructive, each hat in its personal publication can publish the links to its 3 best threads of (maximum 3) Bitcointalk.

In addition, if you have a personal experience with Bitcoin and want to share it, it is also welcome.

If we manage to have all the hats on the blog, we will get very interesting information about each of us, along with the best threads, all in one click on the name of the hat.

The result would be something like a personal mini resume of your journey in the forum.

What do you think about this? Do you like the idea?

If you are interested, complete and quote this part of the publication or send me the information:

- (Your link avatar) "Not your signature campaign"
- Registration date: (your date bitcointalk)
- Bitcointalk Profile: (your link bitcointalk)
- Bpip Profile: (your link Bpip)
- Description Avatar: (optional)
- 3 Best own threads: (optional)
- Personal experience with Bitcoin: (optional)

Thx, wohats.blogspot.com

edit:

I will no longer mention this topic in the thread, I will only post the blog link in the monthly update of the hat gallery.

I don't want infofront to come with the hammer.

[Negotiation]

https://twitter.com/realDonaldTrump/status/1149472282584072192

So July 11 Trump crossed the Slayer line and lost my support by bad mouthing Bitcoin. Bitcoin itself put cosmic curse upon him and his demise was only a matter of time.

On July 25, just two weeks later, Trump made his fateful call to Ukraines leader and asked for him to investigate Biden, his top political opponent, and used frozen funds as a coercive measure to get his way. Now he is being impeached.

Seems that Trump is not only a WO fan but has already turned a corner based on your stunning revelations:

Excellent editing dud @nutildah Donald Trump tweet about Wall Observer

[Last of the V8s]

VB your idea is fine and I'll get to it soon.
V8

I'm just very busy lolling at liberals.

[VB1001]

^
I understand, it's a complicated week for this.
thx.