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

[BobLawblaw]

Today is going to be a crazy day.

[1714166461]

1714166461

[1714166461]

1714166461

[Karartma1]

On the Bitmex drama, my thoughts.
Some bitcoin companies are like lab rats: they have been left alone to experiment things that one day will become part of the new FINancialTECHnology world. Take Bitmex: bringing futures to the next level right? or finex or any other. Then they come and tell you, hey boy, this is our territory, how do you dare?
And then they publicly admit that "Digital assets hold great promise for our derivatives market and for our economy". Yeah, right?

Thumbs up to 600watt, somac. for https://bitcointalk.org/index.php?topic=178336.msg55302340#msg55302340

[VB1001]

Today is going to be a crazy day.

In these moments it is like being in the middle of the ocean with the sea calm, stereo on, coffee, happy saturday

[Indymoney]

[Paashaas]

So far, Donald Trump has never been positive about anything, but he is positive in covid-19 test

Adviser say that Trump is very tired and having some trouble breathing. He took a regeneron polyclonal antibody cocktail that is not available to the public yet because it's an experimental drug not approved by the FDA.

Together with zinc, vitamin D, famotidine, melatonin and aspirin but he's doing well so far..

[Globb0]

Cant they inject him with UV or something?

[Karartma1]

Cant they inject him with UV or something?

Ipse dixit:

While noting the research should be treated with caution, Mr Trump suggested further research in that area.
"So, supposing we hit the body with a tremendous - whether it's ultraviolet or just very powerful light," the president said, turning to Dr Deborah Birx, the White House coronavirus response co-ordinator, "and I think you said that hasn't been checked but you're going to test it.
"And then I said, supposing you brought the light inside of the body, which you can do either through the skin or in some other way. And I think you said you're going to test that too. Sounds interesting," the president continued.
"And then I see the disinfectant where it knocks it out in a minute. One minute. And is there a way we can do something like that, by injection inside or almost a cleaning?
"So it'd be interesting to check that."
Pointing to his head, Mr Trump went on: "I'm not a doctor. But I'm, like, a person that has a good you-know-what."

https://www.bbc.com/news/world-us-canada-52407177

[philipma1957]

Cant they inject him with UV or something?

He could be using laser therapy . I recall a few articles on it showing some benefit.

[kurious]

Godwin's law:

https://en.wikipedia.org/wiki/Godwin%27s_law

[ivomm]

On the Bitmex drama, my thoughts.
Some bitcoin companies are like lab rats: they have been left alone to experiment things that one day will become part of the new FINancialTECHnology world. Take Bitmex: bringing futures to the next level right? or finex or any other. Then they come and tell you, hey boy, this is our territory, how do you dare?
And then they publicly admit that "Digital assets hold great promise for our derivatives market and for our economy". Yeah, right?

Thumbs up to 600watt, somac. for https://bitcointalk.org/index.php?topic=178336.msg55302340#msg55302340

With CME, Bakkt and Grayscale, the US derivate market is becoming of "significant size", which was one of the main concerns of SEC. The other - manipulations of almost anonymous high leverage traders operating on Mex is now in the process of solving. This is not only CFTC and SEC concern but possibly the main "bart generator" for the last 2 years. So in any possible way, Mex news is good for Bitcoin. The 3% drop in the price is by no means to be compared with the benefits of manipulators being kicked out of the market.

It is quite possible that the CFTC statement "Digital assets hold great promise for our derivatives market and for our economy" is related to a possible ETF approval, as also suggested in this article:
https://bitcoinexchangeguide.com/a-big-positive-step-towards-the-bitcoin-etf-approval/

Although, IMO, institutions will find a way to get into Bitcoin without an ETF. We've seen however, that in the last months despite the huge purchases, the price didn't move as much as it should. The only logical explanation is of course the fraudulent shorting using Mex and other not well regulated exchanges. There is also a non logical explanation. As we are normal people here, carefuly thinking about every detail, we tend to forget that there are people who are not like us. Take for example Las Vegas - how many addicted people are in the casinos losing all the cash they bring in their pockets! The same is with the addicted daily traders, who can't be called manipulators, but like vicious brainless piranhas eat the price down until their stash is gone in an endless stop loss chase. The removal of Mex shorters will tip the balance against the piranhas and in favour of the natural growth. So I applaud the CFTC action and hopefully it will shut down Mex and put their owners and other money launderers in jail, where they belong!

[LFC_Bitcoin]

@ivomm

+ 10 WO sMerit (I’m out atm sorry)

Great post buddy, really interesting angle on it. I didn’t think like that myself until I read your post & fillippone’s similar post.

[philipma1957]

Godwin's law:

https://en.wikipedia.org/wiki/Godwin%27s_law

According to Godwin himself it is okay to make appropriate Hitler comparisons and that it should not end the discussion.

So are you saying that the Hitler reference was correct or incorrect?

[Last of the V8s]

https://hcpp.tv/
halfway through this program rn. Jacob Applebaum on Assange and more

looks like Elwar is due tomorrow morning for his 'bullish' reveal?



loads to learn from the workshops too https://www.paralelnipolis.cz/event/hcpp20/ - can buy online access

[El duderino_]

@ivomm

+ 10 WO sMerit (I’m out atm sorry)

Great post buddy, really interesting angle on it. I didn’t think like that myself until I read your post & fillippone’s similar post.

Got you for 10

[LFC_Bitcoin]

@ivomm

+ 10 WO sMerit (I’m out atm sorry)

Great post buddy, really interesting angle on it. I didn’t think like that myself until I read your post & fillippone’s similar post.

Got you for 10

Yes my RL brother 

Also, thanks fillippone 

[Paashaas]

Adam Back + Plan B = has doubled my bullish perspective on Bitcoin.


https://twitter.com/100trillionUSD/status/1312341721062223873

[Amel]

he he

Now, that planB scheme is being widely criticized as unrealistic or even unscientific, the crowd will tend to become much less wild in anticipation...and then btc would outperform.
If everybody are sitting counting their imaginary funds at $100K or above by Dec 2021, it would NOT do it.

I apologize... I never stop doing that...  I also spend time counting at $500k, and when I have had enough beer I throw in some 0.05 XMRBTC to add a golf course, or small airport to the island...

Mmmmm the counting with big BTC-price numbers ..... Sweet

Financial specialists racing to U.S dollar, as Gold, Bitcoin costs plunge


Gold prospects costs were down 0.60%, Bitcoin dropped 0.5% to exchange at $10,060 value level.

During President Lagarde's resulting question and answer session, she could regard ECB Chief business analyst Lane's swelling alerts and talk the Euro down.

All things considered, with Brexit in the news, it is trying to sort the Euro independently from the conversation. Subsequently the EURUSD is likely inclination some thump on pressure from the Pound slide as GBP is under a touch of strain in Asia in front of the resumption of Brexit exchanges when Barnier shows up in London today."


French Government tends to the threat of Facebook's Cryptocurrency

In any case, more extensive notion on the U.S dollar stays frail after Federal Reserve Chair, Jerome Powell emphasized as of late that the national bank intends to keep U.S. loan costs lower for more.

[Torque]

Cant they inject him with UV or something?

He could be using laser therapy . I recall a few articles on it showing some benefit.

Or, you know, they could just let his immune system do the work.

God forbid that anyone be allowed to let their own immune system overcome the effects of the virus. It's not like millions of people recovered that way. /big S

[Torque]

Although, IMO, institutions will find a way to get into Bitcoin without an ETF. We've seen however, that in the last months despite the huge purchases, the price didn't move as much as it should. The only logical explanation is of course the fraudulent shorting using Mex and other not well regulated exchanges.

There's another consideration. If Wall Street whale traders do want a part of the trading action, then they want to control it. That means controlling a few on-off ramps (exchanges) where they can control the spread, and most importantly, control shorting and short coverage.

I.E., you need a large, concentrated number of available coins to short effectively, and they don't want all the available coins floating over to an exchange or exchanges that they don't have a close relationship with. Especially if that exchange were to allow naked-shorting and 100X leverage. At least in theory, they want all the available trading coins to migrate to exchanges that they can control. There's also the question of risk: they don't even want to have trading accounts on flaky exchanges that in an instant can just up and shut down, and disappear with all their money and coins and leave them with no legal recourse.

There is also a non logical explanation. As we are normal people here, carefuly thinking about every detail, we tend to forget that there are people who are not like us. Take for example Las Vegas - how many addicted people are in the casinos losing all the cash they bring in their pockets! The same is with the addicted daily traders, who can't be called manipulators, but like vicious brainless piranhas eat the price down until their stash is gone in an endless stop loss chase. The removal of Mex shorters will tip the balance against the piranhas and in favour of the natural growth. So I applaud the CFTC action and hopefully it will shut down Mex and put their owners and other money launderers in jail, where they belong!

You're not wrong here.

[Hueristic]

Cant they inject him with UV or something?

He could be using laser therapy . I recall a few articles on it showing some benefit.

Or, you know, they could just let his immune system do the work.

God forbid that anyone be allowed to let their own immune system overcome the effects of the virus. It's not like millions of people recovered that way. /big S

Guess this didn't work.

Trump says he takes hydroxychloroquine to prevent coronavirus infection even though it’s an unproven treatment

https://www.cnbc.com/2020/05/18/trump-says-he-takes-hydroxychloroquine-to-prevent-coronavirus-infection.html


He should lead by example and inject bleach.
What a pussy.