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

[cAPSLOCK]

This rapening seems to have landed right in what I drew as an area of interest a while back...   big gap down there at the bottom though.  Need to look back at what we filled too...


OH!  And that RSI is just sexy!

[retreat]

would be nice to have it crash hard to 35k.  Its fun when it goes up all the time but I sold bitcoin ETF's at 46-47k and took profit in the tax free account, would like to buy again lower please.  

it won't happen to crash to $35k again mate

[fr4nkthetank]

Hey a guy can dream

[suchmoon]

Suddenly the poll is relevant again.

[El duderino_]

Suddenly the poll is relevant again.

Re-start perhaps indeed

[suchmoon]

Suddenly the poll is relevant again.

Re-start perhaps indeed

Nah it's fine, the result would still be the same

[marcus_of_augustus]

.... let's say Nayib Bukele is correct about IMF creating this little crash-the-party stunt on El Salvador's bitcoin day .... How much dirty fiat did the IMF need to throw at the derivatives markets for bitcoin to achieve the drop? ..... unless the IMF has a stash of bitcoin that they sold? ... or do they get JPMorgan to do the dirty work on their behalf?

 if there are international institutions operating in the bitcoin market, as implied by the President of El Salvador, especially if they are blatantly rigging and manipulating price movements for political and public-relations objectives, where can the public find that information? These are public institutions right? Subject to transparency and disclosure, freedom of information laws etc?

[ChartBuddy]

Explanation

[AlcoHoDL]

Wow, WTF? Did you all sell your coins for McDonald's meals?

Just noticed the dippening!

Not for ants value-wise: dipping to < $43k!

For ants time-wise: quickly recovering to > $47k.

HoDLers not affected.

Off for BBQ at the shitcoiner cousin's place. Won't mention Bitcoin (or crypto), I'd like to enjoy my steak and burgers.

[Hueristic]

^^^ hah guess I took too long to post this, AH beat me to it.

This Just in, dip cause by Massive Big Mack Sales Spike.

[Fatman3001]

So... lambo bores me... Turboprop or jet then?

Been looking at the Cessna Citation Mustang, Cirrus Vision Jet or the Piper M500.

Any thoughts?

Cirrus Vision Jet crashes alot, not sure about the other ones.

The Piper has a bulletproof Pratt & Whitney engine, The Mustang has two engines, so both should be good. The Piper has some issues with pilot error, too much power for some amateur pilots. The Cirrus has a parachute system, but I guess you need to get up in the air to use that. I see a lot of crashes are at take off. Also, you need to pull the lever. They do seem to have a problem with pilots waiting too long to deploy the parachute, as it sort of wrecks the plane.

[machasm]

The large drop was almost instantaneous. This points to liquidations of positions taken out on exchanges offering silly levels of leverage. Once we dropped some 5% the liquidations began and we had a cascading effect.
I guess the noobs will never learn or this was an intentional push down by some nefarious entity (insert your favourite villain here).
The sooner we can limit leverage the better (unless you are kinggoldminer of course).

[Hueristic]

cant help but laugh at the "connect to the internet.. in MINUTES!" and today my main gear stays connected 24/7 lol

my external usr 56k couldnt ever manage full speed (crap POTS) but even 33.6 was magnitudes better than my 1st 300 baud for my c64, and later a 14.4 that you cradled the handset on the acoustic coupler.

my tandy model 4P (Z80 cpu, 2x 5.25 floppies, 128 megs kilobytes ram bank switched) had a 1200 built in, as well as my tandy 100 "laptop" with its 300 baud <- that thing rocked, keyboard is still better than prolly 90% of the keyboards on anything today, laptop or desktop. excepting the original IBM keyboards. freakin tanks those things (they weigh more than some entire modern computers) and i still have a couple. retro build here i come 5.25 MFM hard drives for the win! well perhaps not but still..

CP/M, win3.11... dos 3.3  good times

The issue I seem to remember with the later Tandys were they cost a shitload and their latest model that I remember looking at at the time still had CGA so you had to do a EGA upgrade on it right out of the box. Was that the T1000 (Cyberdyne model)

Funny you have MFMs around, I made a living off of converting MFM's to RLL's, can't remember how many st-225's I converted to st-238's. I remember having to goto Ms-dos from cpm for games on my Zenith 5150 back then. I'd love to have that old system now just for the gold recovery, That whole board was gold including all the trace lines!

[savetherainforest]

Well.... So......... If McDonalds gets paid in BTCiTcoin. Does this mean that the workers there will get paid also in BTCiTcoin??    

You guys planning on going back??

[Phil_S]

Haha I'm reading stuff on 15 pages ago too. So funny.

[ChartBuddy]

Explanation

[Poker Player]

The large drop was almost instantaneous. This points to liquidations of positions taken out on exchanges offering silly levels of leverage. Once we dropped some 5% the liquidations began and we had a cascading effect.
I guess the noobs will never learn or this was an intentional push down by some nefarious entity (insert your favourite villain here).

I agree with this. I think this is likely what happened.

The sooner we can limit leverage the better (unless you are kinggoldminer of course).

I don't agree with this at all. A few weeks back Bitcoin went up $10k in a day because the opposite happened: short leveraged positions were liquidated in cascade.

Bitcoin is strong enough as a long-term project for anyone who wants to bet against it to bet that they will not be able to break it.

Only weak projects succumb to shorts. The strong have short term volatility from shorts but long term gains.

On the other hand, how would you do it, does a politician have to come in and establish a ban on leverage in this market? Politicians of the world would have to agree and they haven't reached an agreement to ban bitcoin or to regulate it globally (yet).

This is not like the US regulator temporarily banning short positions in the NASDAQ. It is a global market.

I don't see it.

[OutOfMemory]

Eeeewww 
WTF happened?

Bukele: "So the green one is the BUY button, not the red one? Ooops..."

[El duderino_]

Legend of the 10 rings starting

[ChartBuddy]

Explanation