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

[goldkingcoiner]

[1714793281]

1714793281

[1714793281]

1714793281

[1714793281]

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[Gyrsur]

Anybody has an explanation of btc flatlining?
It's weird, but i take it in lieu of declining.

just a guess but it came in my mind today:

cash is king in these times and therefore a lot of speculation on the price of BTC is missing. what we see at the moment is maybe nearly the real value of BTC without the whole amount of speculation which is responsible for all the noise in other times. look how stable BTC can be without speculation. impressive!

No way this is even close to the real value of btc!

The price is stable because we have market makers involved in the system. They make their money by keeping the price stable. We had a massive dump the other day and then the market makers stepped in and are keeping the price stable at it's current level. If we have a massive pump, the market makers will stabilize the price at whatever it ends up at.

The price only moves up or down when the action is too much for the market makers to control.

That's a really strange explanation.
If market makers were buying (from sellers) on the way down, THEN they have to entice a pump (during which they can sell the inventory and stay neutral), otherwise they would be loaded with btc that they (market makers) don't need on a permanent basis.

They don't buy on the way down or the way up when there is a big move. They get out when there is too much price movement. They are mostly present when the action dies down. Look up market making bot.

I'm sure the pros at the big firms have more complex strategies than you can get with a crypto bot but it's the same concept.

I'm struggling to understand where I did say that the market makers are the speculators?  

market makers are healthy for price finding in markets because they provide liquidity.

participants which drives the market in one or the other direction are in my eyes speculators not market makers.  

EDIT: ok, maybe the word "noise" was misleading in that context because the meaning of noise in markets is often associated with the acting of market makers.

[El duderino_]

The dude = understanding finally

Corona virus = working at home


Working at home = being home alone

Internet = pornhub

Pornhub = TP

[VB1001]

https://imgur.com/SbPMzR5

The European Central Bank has launched a 'bazooka' $820 billion pandemic fund to aid markets. 'There are no limits.'

The European Central Bank (ECB) has unveiled a new €750 billion ($820 billion) response to the coronavirus in a bid to calm financial markets.
The so-called Pandemic Emergency Purchase Programme (PEPP) comes less than a week after the central bank announced policies which did little to provide comfort to traders.
It follows similar plans by the Federal Reserve and numerous major economies to stem the damage from Covid-19.

https://markets.businessinsider.com/news/stocks/coronavirus-lagarde-announces-ecb-pandemic-fund-to-calm-markets-2020-3-1029011851

People would be happy if the money was distributed to families.

[Gyrsur]

The dude = understanding finally

Corona virus = working at home


Working at home = being home alone

Internet = pornhub

Pornhub = TP

I see it too now. the real reason of the huge demand of TP. thanks, Dude!

[LFC_Bitcoin]

The dude = understanding finally

Corona virus = working at home


Working at home = being home alone

Internet = pornhub

Pornhub = TP

Old sock user: Not affected!

[Last of the V8s]

https://twitter.com/sstackmore/status/1240603760914771968?s=20

China is stealth invading Philippines. 2000-3000 PLA already there undercover in metro Manila. Many Chinese are illegally in the country. Many bribes paid to politicians. Now ships are unloading Chinese directly on provincial shorelines without apparently clearing customs.

Remember when Russia snatched Crimea?
Well, China's similarly looking to 'regain' its sphere of influence.
Wonder whether the Trump is up to this part of the game.

Meanwhile there is some hope that the virus can be swerved https://translate.google.at/translate?hl=en&tab=rT1&sl=ru&tl=en&u=https://www.pravda.ru/news/health/1481622-virus/ /s

[Last of the V8s]

The dude = understanding finally

Corona virus = working at home


Working at home = being home alone

Internet = pornhub

Pornhub = TP

You do know this has been a bait and switch tactic all along?

It's not in fact that we're running out of TP.

Now I don't want to scare the horses, but the reality is that due to social distancing we

are

running

out

of

porn.

[heslo]

We getting a bit of up action here on this low volume or is it just a little tease?

[vapourminer]

I have been trying to get you guys together, and it has not been successful, so far:

[...]

I condemn anybody and everybody who PANICS.

Even (our good buddy) Mindrust?

depends.  @mindrust: did you scream like a little girl when you panic sold?

anyway, its all about style at this point.

[somac.]

Stock market falling, my currency going down (vs US), credit markets frozen, and Bitcoin going up. Not too bad.

[LFC_Bitcoin]

$5782

Go corn go!



24 hr change - Up over 12%


Last 24 hours - the decoupling

[bitcoinPsycho]

$5782

Go corn go!



24 hr change - Up over 12%


Last 24 hours - the decoupling

With the pound dropping it's more like 17% for us in uk

[_javi_]

Underrated post.

+1 WOsmerit

[nutildah]

Last 24 hours - the decoupling

Its true that BTC does anything it wants when the U.S. stock markets are closed, and this has been a good thing. But watch what happens when the market opens at 9:30 (in about 45 minutes)... BTC will resume looking to the Dow and S&P for instructions on where to go next... It started happened a couple weeks ago and intensified quite a bit over the last 2 days.

That's my guess anyway.

[Wilhelm]

$5782

Go corn go!



24 hr change - Up over 12%


Last 24 hours - the decoupling

Quoted for historic reference

---==== THE DECOUPLING !!!! ====----

[jojo69]

via Imgflip Meme Generator

A friend send me this graph....

that looks like an excellent way to kill as many people as possible

[Febo]

Why worse? Asymptomatic cases will for sure not need hospital. Main problem that we have is that there is/will not be enough hospital beds/medical stuff/medical equipment for all. If 70% of population is immediately taken out, then we are operating with much smaller numbers. For me this is a very good news.

The problem is asyntomatic is that they don’t know they are spreading the virus around. Hence they are actually infecting people a lot more than syntomatic people that eventually quarantine themselves reducing contagion risks.
This is why lockdowns are important even early on the infection cycle.

Not more. Someone that is not sick dont caught, dont sneeze, they can spread virus but way way way less then someone that is sick a lot. Everyone is cautious. That s totally normal.  But for me this research is super good news.   Bad about is only that those people that will already get over virus and be totally cure and immune to it will still think they can get virus. But again maybe that is not so bad, since others who still can get infected might felt to secure if all that got immune started acting totally normal.

[bitserve]

via Imgflip Meme Generator

A friend send me this graph....

that looks like an excellent way to kill as many people as possible

The idea is to get EVERYONE exposed to the virus... at a rate in which the hospitals don't become overwhelmed.

[toknormal]

---==== THE DECOUPLING !!!! ====----

The asset we really need to decouple from is the CME bitcoin futures which has BTC in a vice.