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Question: 1/24 Closing Price:
<$32,000 - 22 (23.7%)
$32,000-$33,000 - 10 (10.8%)
$33,000-$34,000 - 2 (2.2%)
$34,000-$35,000 - 8 (8.6%)
$35,000-$36,000 - 11 (11.8%)
$36,000-$37,000 - 7 (7.5%)
$37,000-$38,000 - 7 (7.5%)
$38,000-$39,000 - 1 (1.1%)
$39,000-$40,000 - 4 (4.3%)
$40,000-$41,000 - 2 (2.2%)
$41,000-$42,000 - 0 (0%)
>$42,000 - 19 (20.4%)
Total Voters: 93

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25073965 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. (157 posts by 13 users deleted.)
explorer
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December 03, 2020, 09:41:43 PM
Last edit: December 03, 2020, 09:55:47 PM by explorer

I just had a thought.

Say the big boys were buying OTC.  Banks, even central banks? Etc.

Wouldn't they be incentivized to sell a percentage of what they were buying on the retail market to keep retail prices as low as possible while they were doing deals in the dark?

I would be if I were them.

Since bitcoin has such a thin float they would not have to sell much to keep the rise at bay.  If I were not lazy I would do a little due diligence to see if the evidence supports or refutes this idea.


    Possible, for sure, however apparently not so difficult to buy big on-exchange.  How deep is OTC liquidity?  I would expect that to dry up before overall exchange liquidity.


 Cross-market manipulation is illegal in most developed countries; it would be a bad idea for a large corporation to be involved in such a scheme.
 

I would expect such from CBs and the largest corps.   Is the current lock-step action purely a result of an instant arbitrage army?  Never used to work that way.  I expected it to be tighter as markets mature, but wow.  'The Big Boys' tend to run 'The Big Scams',  and they do get more sophisticated with experience, to dupe more people and escape detection longer.

  What a bargain:  Accumulate vast BTC holding through shady practices, get caught, pay a dollar denominated fine years down the road.  Sorry, where's the disincentive?
 
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yes


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December 03, 2020, 09:47:49 PM



It's coming  Grin
explorer
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December 03, 2020, 09:52:45 PM
Last edit: December 03, 2020, 10:07:27 PM by explorer

   We left the channel under duress, and returned as quickly as possible.  Tenaciously crawling toward The Line.


Millionero
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December 03, 2020, 09:54:31 PM

anagram for JayJuanGee:  a jejune gay
#nohomo
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December 03, 2020, 10:00:29 PM

All we need now is a pump for ants to get us over $20k.

Is that too much to ask?
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born once atheist


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December 03, 2020, 10:01:57 PM
Last edit: December 03, 2020, 11:48:19 PM by sirazimuth

How to get a pathetic troll wound up in two easy steps.
1. Press their hissy fit button
2. ghost them

Oh yeah... don’t quote them either.
lightfoot
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I fix broken miners. And make holes in teeth :-)


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December 03, 2020, 10:18:46 PM

While it would be cool to have a run over 20k, the very fact that it has been sitting in the 19k's for days now is just causing me to giggle like Skeletor.

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December 03, 2020, 10:21:41 PM

While it would be cool to have a run over 20k, the very fact that it has been sitting in the 19k's for days now is just causing me to giggle like Skeletor.



Skeletor... man that brings back memories...     and

"Go Joe"   ha ha
jojo69
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1/21000000 , the only math you need to know


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December 03, 2020, 10:30:38 PM

True Myth
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December 03, 2020, 10:51:17 PM

While it would be cool to have a run over 20k, the very fact that it has been sitting in the 19k's for days now is just causing me to giggle like Skeletor.



Hahaha I'm "occasionally" checking the price throughout the day and then saying to myself "Not yet..."

It is pretty awesome to see what looks like stability at these numbers. I suspect we won't stay here for much more than a week before some volatility returns.

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IIRC


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December 03, 2020, 11:26:25 PM
Last edit: December 03, 2020, 11:55:14 PM by OutOfMemory
Merited by JayJuanGee (1)


—Protip:  Insulting someone’s thereby alleged sources of information without facts in evidence is a fallacious argument ad hominem.  Pointing out that admitted hallucinogenic drug users have disordered thinking, and have permanently compromised their own powers of judgment, is a valid argument ad hominem.

Define that.
And define "normal" (just as a lesson)

Among other things, “normal” includes having a firm grasp of reality, and not defining new new new normals under the influence of hallucinogens.
"normal" means defined by (some) norm, which in turn is defined by majories.
For example, say if more than 50% of all human males would have a second dick growing out of their forehead, it would be defined as "normal".
Few understand this. (i was waiting a long time to write this statement, but now that it fits...)
Normal is not a rule, nor a substitute for correctness or truth.

As an observer, what we humans generally are, we can't tell what is "reality", but only what we observe as "reality".
That's a philosophical core-issue, as well as the perception of reality as a central aspect of psychology.

I don't glorify the use of drugs. It's something only real adventurers should do. By "real" i mean being aware of dangers and consequences, and taking the risk to take them. But here's a

Pro Tip: Psychoactive drugs let you temporarily "switch" or "extend" (or "expand", as some are saying) "reality", so the user is able to become aware of the true nature of "reality", by applying falsification, THE basic standard scientific procedure.

"Normal" people aren't able to falsify their observation of reality. So "normal" in that regard is like being handicapped in checking reality for negative plausibility.

Like it or leave it.
Surprise me. #nohomo

Quote
“Disordered thinking” is defined by psychologists, q.v.

Quote from: somewikipedian
Disordered thinking: A failure to be able to "think straight." Thoughts may come and go rapidly. The person may not be able to concentrate on one thought for very long and may be easily distracted, unable to focus attention.

So, you think so. Interesting. I haven't read yet texts by somebody on WO that would connect to that definition.
Wait, excluding myself (for immune reasons), it seems your postings don't fit too bad to an imaginary author suffering from these kind of disturbance, defined above.

Mr. Watson?

 Cheesy
criptix
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December 03, 2020, 11:55:10 PM
Merited by xhomerx10 (1)

Bitcoin

Everything

Bitcoin



Lambo car key.......loading Grin

That is a benz though  Grin Cheesy










I just had a thought.

Say the big boys were buying OTC.  Banks, even central banks? Etc.

Wouldn't they be incentivized to sell a percentage of what they were buying on the retail market to keep retail prices as low as possible while they were doing deals in the dark?

I would be if I were them.

Since bitcoin has such a thin float they would not have to sell much to keep the rise at bay.  If I were not lazy I would do a little due diligence to see if the evidence supports or refutes this idea.

 Cross-market manipulation is illegal in most developed countries; it would be a bad idea for a large corporation to be involved in such a scheme.
 


It is only illegal if you get caught  Wink
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December 04, 2020, 12:08:50 AM

Ah, the secret to forum happiness.

https://i.imgur.com/X56n1c4.png

What was that, OutOfMemory? Tongue
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what is this "brake pedal" you speak of?


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December 04, 2020, 12:12:21 AM
Last edit: December 04, 2020, 02:01:24 AM by vapourminer

I have been watching it from time to time since 2011 (in autumn of 2011 I thought it was dead and 2013-2016 cryptowinter was too boring).

I don't really know about 2011 through personal experience

i started mining in summer 2011, and yeah i thought fall/winter 2011 bitcoin was in a world of hurt. kept mining as the rigs heated my basement anyway.

2013-16 being boring? not boring really but i dont remember too much excitement either. i mean it was declared "dead" many more times too but after the 1st one i experienced in 2011 i was used to it i guess. no big deal.
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December 04, 2020, 12:15:05 AM

I wonder what TERA is doing. I figured she'd be back when the bull started but probably made enough in the last two bubbles.
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December 04, 2020, 01:01:44 AM
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She wasn't too well IIRC. I hope she's OK.
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December 04, 2020, 01:03:59 AM


I hope he knows to tell between different cryptocurrencies. Tongue


@xhomerx10, this is for you with onomastics and weird associations:

https://i.imgur.com/urt3OG6.jpg
(if you understand this pic, you = nerd)

amazing coincidence. must be a conspiracy.

(and if you correct my onomastics here, then you = autistic. sniff some gasoline to expand your mind)

<<<...discussion of how Benz has been banned as NSFW...>>>

It is only illegal if you get caught  Wink

on teh interwebz, u r supposed to add: "...but IANAL"
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December 04, 2020, 01:49:33 AM

Observing 300btc worth of sell orders neatly stacked every $500 from 20k up to 23k on coinbase.
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Go! BTC Go!


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December 04, 2020, 03:25:02 AM

Bitcoin

Everything

Bitcoin



Lambo car key.......loading Grin

That is a benz though  Grin Cheesy

I hope he knows to tell between different cryptocurrencies. Tongue


@xhomerx10, this is for you with onomastics and weird associations:



(if you understand this pic, you = nerd)

amazing coincidence. must be a conspiracy.

(and if you correct my onomastics here, then you = autistic. sniff some gasoline to expand your mind)

<<<...discussion of how Benz has been banned as NSFW...>>>

It is only illegal if you get caught  Wink

on teh interwebz, u r supposed to add: "...but IANAL"

I have abslutely n idea what yu're n abut.
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December 04, 2020, 03:35:18 AM

evening charts

the King continues to give the thumbs down to legacy wealth storage...errr..at least I hope thats what its for


1h


kitteh and bearface stare at one another
4h

#stronghands
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