Bitcoin Forum
November 28, 2021, 01:08:31 PM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Will we close Nov. at or above Plan B's posited minimum of $98K?
Yes - 42 (37.8%)
No - 69 (62.2%)
Total Voters: 111

Pages: « 1 ... 29688 29689 29690 29691 29692 29693 29694 29695 29696 29697 29698 29699 29700 29701 29702 29703 29704 29705 29706 29707 29708 29709 29710 29711 29712 29713 29714 29715 29716 29717 29718 29719 29720 29721 29722 29723 29724 29725 29726 29727 29728 29729 29730 29731 29732 29733 29734 29735 29736 29737 [29738] 29739 29740 29741 29742 29743 29744 29745 29746 29747 29748 29749 29750 29751 29752 29753 29754 29755 29756 29757 29758 29759 29760 29761 29762 29763 29764 29765 29766 29767 29768 29769 29770 29771 29772 29773 29774 29775 29776 29777 29778 29779 29780 29781 29782 29783 29784 29785 29786 29787 29788 ... 29910 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25490597 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. (158 posts by 14 users with 9 merit deleted.)
ChartBuddy
Legendary
*
Online Online

Activity: 1274
Merit: 1265


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
October 25, 2021, 06:01:34 PM


Explanation
1638104911
Hero Member
*
Offline Offline

Posts: 1638104911

View Profile Personal Message (Offline)

Ignore
1638104911
Reply with quote  #2

1638104911
Report to moderator
1638104911
Hero Member
*
Offline Offline

Posts: 1638104911

View Profile Personal Message (Offline)

Ignore
1638104911
Reply with quote  #2

1638104911
Report to moderator
1638104911
Hero Member
*
Offline Offline

Posts: 1638104911

View Profile Personal Message (Offline)

Ignore
1638104911
Reply with quote  #2

1638104911
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1638104911
Hero Member
*
Offline Offline

Posts: 1638104911

View Profile Personal Message (Offline)

Ignore
1638104911
Reply with quote  #2

1638104911
Report to moderator
1638104911
Hero Member
*
Offline Offline

Posts: 1638104911

View Profile Personal Message (Offline)

Ignore
1638104911
Reply with quote  #2

1638104911
Report to moderator
JayJuanGee
Legendary
*
Offline Offline

Activity: 2814
Merit: 5123


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
October 25, 2021, 06:05:15 PM
Merited by El duderino_ (3), Paashaas (1)

All this price action... But so little retail volume.

This is incredibly bullish in my opinion. 

Who is buying?

Not a lot of people? Neither retail nor institutional is showing any decent volume right now as price continues to move upwards.

The relevance is there is a lack of sellers in the market right now, hence very low supply on exchanges at the moment.

Imagine what happens when there is buying pressure  Wink

Bullish

That's my point. Smiley

But Something (someone, someones?) is vacuuming all the chips off the exchanges.  They are not being sold, but withdrawn.

So either the OTC market knows how to hook up whales with shadowy buyers, or the exchanges themelves are going short.

There is no situation I can think of where this does not absolutely explode up.

The ONLY scenario I can think of that is not bullish is a coordinated attack at the nation state level where they quietly buy huge positions with the intent to dump them on retail and crash the price of bitcoin.  That idea is all but tinfoil hat insanity.  It IS true that bitcoin stands to be majorly manipulated via the retail exchanges... but for some reason no one is trying that, and it looks very strongly that large positions are being taken (as they have been being for over a year now) behind the scenes.

And we are running our of cheap coins.

Hodl.  (I never say that... but I am invoking it as a spell now...)

You are describing some of the dynamics of exchanges as if they are new, and largely, they are not.. unless I am missing something that you are saying.

Largely since exchanges have been in existence.. budding with MTGOX in 2011 and a few others and expanding their existence into 2013 and thereafter adding and adding, the BTC price has been largely established through exchange activities, and many of us have speculated about various ways in which OTC trades are happening and exchange prices are being manipulated - simultaneously.. for example, covertly buying through OTC and dumping on exchanges.

Practices of manipulating BTC prices is not new, only the vehicles of liquidation have changed over the years so the dynamics of how to manipulate and how many exchanges have to be used have changed and likely many of us are not going to have a lot of insight into exact specifics without being either having access to exchange data or maybe being a whale ourself who has BTC/fiat on a large variety of exchanges... so it seems pretty likely that the manipulation capacities have become more and more difficult including the number of exchanges (and other liquidation avenues) and the quantity of value that has to be available to achieve such manipulation.. and is surely not outside of the capabilities of the BIGGER players.. even if there still might be questions whether some BIGGER players (such as governments or financial institutions would like to risk reputation/losses to be discovered as a BTC price manipulator.. sure some have no shame, and some likely believe that they could not be caught.. but some of us normies might not have access to the kind of information regarding if any of them are really going down such a manipulation path.. to risk potentially getting reckt if they really do not have enough capital to keep throwing at the matter - such as the employment of fractional reserves...ie bitcoins that do not actually exist that they have to purchase with dollars or some other form of fiat).

I am not even really disagreeing with your overall conclusion, cAPSLOCK, because it seems that no matter whatever playing around might be happening or attempting to be happening, there still seem to be difficulties to fight what seems to be our ongoing UPpity price pressures.. and yeah, we could end up having a double top because anything can happen, even though the odds of such a "double top" bet seem to be one that is not too likely to play out..

in udder wurds... keep stacking boyz.. especially if u have not adequately prepared ur lil selfies for UP...

 Cheesy Cheesy Cheesy Cheesy Cheesy

This is basically it. Apart from the same old-age conspiracy theories that would explain why price is so high without much buying volume, it's simply just bullish. Sometimes, rarely, this is simply the case!

And no China is talking of un-banning Bitcoin again? Guess they got their $40K buy orders filled then  Wink

China is surely earning a reputation for ongoingly and continuously shooting themselves and their citizens in the foot/feet (as Dabs mentioned), so would not speculate for sure that the government has actually gotten any meaningful advantage from their wiffle-waffling about the bitcoin topic.  Of course, there are going to be some insiders (whether with the government or otherwise connected to insider information) who will be able to profit from these kinds of crazy-ass and seemingly inconsistent behaviors/policy positions, but I would not conclude that level of corruption as intentions of the policy makers to personally profit.. that just is assuming way too much corruption rather than really having had believed that they were doing the right thing by banning bitcoin and then later having to reverse themselves (without really admitting that they are reversing themselves).
serveria.com
Hero Member
*****
Offline Offline

Activity: 1372
Merit: 739


Balls of steel. This time is different.


View Profile WWW
October 25, 2021, 06:08:50 PM
Last edit: October 25, 2021, 06:18:59 PM by serveria.com
Merited by JayJuanGee (1)

Prolly been posted before (too lazy to scroll back haha) but this looks fooking BIG guys: https://www.coindesk.com/business/2021/10/25/mastercard-is-integrating-crypto-payments-through-a-new-partnership-with-bakkt/  Cool

Quote
Last week, American Express CEO Stephen Squeri said he doesn’t currently see crypto as a threat to traditional credit cards.


 Grin Grin Grin Grin
Torque
Legendary
*
Offline Offline

Activity: 2688
Merit: 2828



View Profile
October 25, 2021, 06:47:26 PM
Merited by El duderino_ (9), lightfoot (4), JayJuanGee (1), Richy_T (1)


https://twitter.com/AuronMacintyre/status/1452454861719674887
El duderino_
Legendary
*
Offline Offline

Activity: 1610
Merit: 7234


Observing No-Coiners.


View Profile
October 25, 2021, 06:59:42 PM


https://www.nytimes.com/2021/10/24/business/media/facebook-leak-frances-haugen.html

Quote
Ms. Haugen, in our phone interview, also resolved a minor mystery: whether she’s quietly relying on the financial support of Pierre Omidyar, the eBay co-founder whose groups started working with her in October, as Politico first reported.

The reality, she said, is that she has her own financial resources, and has accepted help from nonprofit groups backed by Mr. Omidyar only for travel and similar expenses.

“For the foreseeable future, I’m fine, because I did buy crypto at the right time,” she told me.

 Grin



Long time no see, please be more on the Wall…

One of my favorite posters
El duderino_
Legendary
*
Offline Offline

Activity: 1610
Merit: 7234


Observing No-Coiners.


View Profile
October 25, 2021, 07:00:53 PM

Who sold at the bottom?


I did …. Some very little purchase… but I think it was the top-ish at that time  Cheesy Tongue
ChartBuddy
Legendary
*
Online Online

Activity: 1274
Merit: 1265


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
October 25, 2021, 07:01:25 PM


Explanation
OutOfMemory
Hero Member
*****
Offline Offline

Activity: 658
Merit: 1112


*Toxic Bitcoin Maximalist*


View Profile
October 25, 2021, 07:49:09 PM
Merited by JayJuanGee (2)

Observing $62,376 = Better!
Let’s begin a slow grind up to $70,000 this week.

Have a good one today boys.

I could well live with +$10k per week.
LFG, ChartBuddy!  Grin

I was beginning to consider $1k per day or some variation of that, but then realizing that bitcoin does not work like that.. so we might start to get $1k per day then all of a sudden we get a $10k day.. perhaps? momentum was down just yesterday-ish.. and then we had nearly 24 hours of reversing.. so then.. has the baby-sized (or would it be ant-sized?) down reversed?  Could be, no?

That's why i wrote "per week". It's easier to iron out ant pumps and corrections that reverse in a matter of days on bigger timeframes. Of course, it's often a question of timing (say, the weekly candle closes high or low, for example) when weekly would not be "of enough average" to incorporate such rough expressions like "$10k". Stepping up in timeframe size would probably mostly help in a more cosmetic way.
However, i could really well live with that, too.
Everything would do, as long as there is a + in front of the change  Cheesy

Quote
Actually, another thing that I thought of regarding a kind of gradual scenario is that at some point we have to get suspicious regarding "why isn't there no battle?"  So, even if the battle is not constant, it seems that we should want to see a "battle" every once in a while, just to be able to appreciate that whatever move is happening is real rather than just cooperating whales causing the price moves to happen.. and it gets so much better and exciting when the whales lose control... .. for example I doubt that the bearwhales wanted the price to get above $43k/$46k in early August.. but they likely did not really have a choice.. and I doubt that they wanted the price to get above $53/$55k in early October, and they likely did not have much of a choice at that point, either.. my tentative thinking....

"Are these bearwhales with us in the room right now?"  Cheesy Cheesy Cheesy  Tongue
Seriously, i think bearwhales (BW) progress, like most other market participants, over time. The levels of leverage and increased volumes using it make it easy to make it drop in the BW's favour in sideways moments on low trading volumes. The way down is steeper, chances to trigger a decrease in price enough to pick up the liquidated mess from the ground. This is slowing down bullish momentum and empowering the BW, imo. When retail money is being poured in, they stop the selling to have ammo for the next bear cycle(s). This way, they also profit from steep rises in price, if they are patient enough to ride it out. There's much in the (order)books to evaluate and manage the bear's risk ratio.
Damn goblins!  Angry Cheesy

Quote
And, they do not really like that we continue to be in noman's land because there is not really much that they can do about that, but that bridge was crossed in early October.. so it is largely just a matter of getting through this.. with only token battles along the way.. perhaps?  perhaps?

Agreeing on this, too.
ChartBuddy
Legendary
*
Online Online

Activity: 1274
Merit: 1265


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
October 25, 2021, 08:01:24 PM


Explanation
cygan
Legendary
*
Online Online

Activity: 2254
Merit: 2370


in crypto we trust💎🖐start hodl.exe


View Profile
October 25, 2021, 08:08:15 PM

the birthday present for my wife is now ready Grin Cool
hope on the day on a few green dildos Cheesy Cheesy Cheesy



El duderino_
Legendary
*
Offline Offline

Activity: 1610
Merit: 7234


Observing No-Coiners.


View Profile
October 25, 2021, 08:11:38 PM

Hueristic
Legendary
*
Offline Offline

Activity: 2912
Merit: 2452


Doomed to see the future and unable to prevent it


View Profile
October 25, 2021, 08:12:47 PM
Merited by JayJuanGee (1)

Quote
Accidental leak reveals US government has secretly hit Google with 'keyword warrants' to identify ANYONE searching certain names, addresses, and phone numbers

https://www.dailymail.co.uk/news/article-10063665/Government-orders-Google-track-searching-certain-names-addresses-phone-numbers.html
cygan
Legendary
*
Online Online

Activity: 2254
Merit: 2370


in crypto we trust💎🖐start hodl.exe


View Profile
October 25, 2021, 08:17:54 PM
Merited by El duderino_ (2), JayJuanGee (1)


Quote
Fix the money
https://twitter.com/LinaSeiche/status/1452730666244771842
ChartBuddy
Legendary
*
Online Online

Activity: 1274
Merit: 1265


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
October 25, 2021, 09:01:34 PM


Explanation
bitcoinPsycho
Hero Member
*****
Offline Offline

Activity: 1582
Merit: 944


THE NEXT 2.4 YEARS ARE CRITICAL🍄💊


View Profile
October 25, 2021, 09:06:30 PM
Merited by El duderino_ (2), Hueristic (1)

Quote
Accidental leak reveals US government has secretly hit Google with 'keyword warrants' to identify ANYONE searching certain names, addresses, and phone numbers

https://www.dailymail.co.uk/news/article-10063665/Government-orders-Google-track-searching-certain-names-addresses-phone-numbers.html

The UK government has/are doing this for decades
in telecommunications and from the birth of the internet

Utter bastards
JayJuanGee
Legendary
*
Offline Offline

Activity: 2814
Merit: 5123


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
October 25, 2021, 09:52:44 PM
Merited by LFC_Bitcoin (2), OutOfMemory (1)

Actually, another thing that I thought of regarding a kind of gradual scenario is that at some point we have to get suspicious regarding "why isn't there no battle?"  So, even if the battle is not constant, it seems that we should want to see a "battle" every once in a while, just to be able to appreciate that whatever move is happening is real rather than just cooperating whales causing the price moves to happen.. and it gets so much better and exciting when the whales lose control... .. for example I doubt that the bearwhales wanted the price to get above $43k/$46k in early August.. but they likely did not really have a choice.. and I doubt that they wanted the price to get above $53/$55k in early October, and they likely did not have much of a choice at that point, either.. my tentative thinking....

"Are these bearwhales with us in the room right now?"  Cheesy Cheesy Cheesy  Tongue
Seriously, i think bearwhales (BW) progress, like most other market participants, over time.

To the extent that I believe that I understand what you are saying, I have a wee bit of a quibble with you here OOM.  I believe that I am NOT too heavily into various manipulation theories or desires to blame manipulation on every kind of irregular BTC price move that takes place, but I am neither going to deny manipulation nor down-play the extent to which there are some players in the bitcoin market with superior information and/or way more fire power and not merely because they have studied the market more.  Sure maybe some of them got into their superior positions through a lot of hard work, and others may well just have "insider" information or connections.

On the other hand, I was attempting to explain recently my belief about many more difficulties that exist to manipulate bitcoin prices both in terms of needing to have way more capital or insider position and part of the difficulties come from way more ways to exchange your bitcoin (liquidation avenues) that have been growing through the years. 

For sure some of us may well not be thrilled with some of the recent financial tools that have been introduced into the bitcoin space that allow players can manipulate bitcoin prices without even owning the underlying asset, and surely some of us HOPE that those kinds of manipulators are going to get reckt to fuck based on what can happen with the underlying asset (bitcoin), but sure only time is going to tell how some of these most recent financial instruments are going to be used and whether some folks (perhaps traditional whales) might end up overplaying their hands by using some of those kinds of newly introduced financial instruments (coupled with other possible instruments to attempt to manipulate bitcoin's price DOWNity).


The levels of leverage and increased volumes using it make it easy to make it drop in the BW's favour in sideways moments on low trading volumes. The way down is steeper, chances to trigger a decrease in price enough to pick up the liquidated mess from the ground. This is slowing down bullish momentum and empowering the BW, imo. When retail money is being poured in, they stop the selling to have ammo for the next bear cycle(s). This way, they also profit from steep rises in price, if they are patient enough to ride it out. There's much in the (order)books to evaluate and manage the bear's risk ratio.
Damn goblins!  Angry Cheesy

We are not always going to know or find out the extent to which some bearwhales might have gotten reckt or were able to recover from whatever mistakes that they had made in betting down when the btc price ends up going up.
El duderino_
Legendary
*
Offline Offline

Activity: 1610
Merit: 7234


Observing No-Coiners.


View Profile
October 25, 2021, 10:00:31 PM
Merited by cygan (2)




ChartBuddy
Legendary
*
Online Online

Activity: 1274
Merit: 1265


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
October 25, 2021, 10:01:24 PM


Explanation
lightfoot
Legendary
*
Offline Offline

Activity: 2772
Merit: 2069


I fix broken miners. And make holes in teeth :-)


View Profile
October 25, 2021, 10:22:00 PM
Merited by El duderino_ (2), d_eddie (1)

Quote
Accidental leak reveals US government has secretly hit Google with 'keyword warrants' to identify ANYONE searching certain names, addresses, and phone numbers

https://www.dailymail.co.uk/news/article-10063665/Government-orders-Google-track-searching-certain-names-addresses-phone-numbers.html

This would explain why Google has been blocking TOR searches with endless capchas. I thought it was just profitz.
ChartBuddy
Legendary
*
Online Online

Activity: 1274
Merit: 1265


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
October 25, 2021, 11:01:24 PM


Explanation
Pages: « 1 ... 29688 29689 29690 29691 29692 29693 29694 29695 29696 29697 29698 29699 29700 29701 29702 29703 29704 29705 29706 29707 29708 29709 29710 29711 29712 29713 29714 29715 29716 29717 29718 29719 29720 29721 29722 29723 29724 29725 29726 29727 29728 29729 29730 29731 29732 29733 29734 29735 29736 29737 [29738] 29739 29740 29741 29742 29743 29744 29745 29746 29747 29748 29749 29750 29751 29752 29753 29754 29755 29756 29757 29758 29759 29760 29761 29762 29763 29764 29765 29766 29767 29768 29769 29770 29771 29772 29773 29774 29775 29776 29777 29778 29779 29780 29781 29782 29783 29784 29785 29786 29787 29788 ... 29910 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!