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Question: Is the "bear market" over?
Yes - 39 (38.2%)
No - we need to sweep the low again - 23 (22.5%)
No - we need to set a new low first - 25 (24.5%)
No - other (explain below) - 15 (14.7%)
Total Voters: 102

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 27047929 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. (174 posts by 1 users with 9 merit deleted.)
ChartBuddy
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January 10, 2024, 04:03:23 AM


Explanation
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Roggeredek
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January 10, 2024, 04:06:30 AM

Bitcoin swings sharply after false claim that SEC approved ETFs.


https://www.ft.com/content/60efd3f4-62c9-42e5-8b32-4761eaa19b5a

F**K non-head people, I sure BTC approved ETFs soon.

Now BTC run it up $46,058.
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January 10, 2024, 04:15:05 AM

I got a call from someone yesterday that I consider a close friend.  They are a holder of 1 BTC they bought for $8,000 back in 2016 or 2017 I believe after being aware and following BTC since probably 2012.  They called me to let me know that they were cashing out their 401K to go all in on Bitcoin.  I warned them this was a bad idea and urged them to dollar cost average instead, but they are dead set on "betting big" and fine if they lose everything.  They just want to be more in the game.  I say this both as a warning that people are starting to overinvest in Bitcoin and perhaps a potential bullish signal, as this is someone who holds BTC, has watched it for a long time, and was early to the bubble in 2017.  Maybe this is a sign we're about to jump to $80,000 or it may be a sign that people are acting irrationally which is usually a top.  I'm not sold on this being a top yet, but if I start getting messages on Facebook from people who have never owned Bitcoin or followed it, I'll begin getting worried.

It is a bit of a dilemma to know how to interact with someone who gets into this kind of a mindset.


And doing a lump sum buy that uses all of the 401k or close to all of it is preparing for UP without as much preparation for down, but if they are able to hold some back for buying on dips and DCA, then that would be a better way to supplement the lump sum strategy that seems more like gambling than investing.. but maybe there is more to the story than you are telling in terms of what they plan to do if BTC prices either  do not go up or go down..
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January 10, 2024, 04:28:28 AM

X (Twitter ) Ensures that the SEC account has been compromised and that two-factor authentication is not enabled on the account.


Roggeredek
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January 10, 2024, 04:47:27 AM

X (Twitter ) Ensures that the SEC account has been compromised and that two-factor authentication is not enabled on the account.

F**k,

SEC is poor? using an old model phone? No!

Maybe phishing or leak of data on the phone.
shahzadafzal
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January 10, 2024, 04:51:57 AM
Merited by JayJuanGee (2)

I'm not an expert but how... how they knew @SECGov tweet is fake?

Did Gary Gensler called the investors first before tweet it to the public?


https://twitter.com/therationalroot/status/1744858615993815428
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January 10, 2024, 05:03:22 AM


Explanation
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xhomerx10
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January 10, 2024, 05:35:26 AM

I'm not an expert but how... how they knew @SECGov tweet is fake?

Did Gary Gensler called the investors first before tweet it to the public?


https://twitter.com/therationalroot/status/1744858615993815428

 I'm no expert either but maybe some shorts got wrecked on the way up and other traders thought it was due to investors selling the news and decided to get out and sit on the sidelines to watch it play out?
ChartBuddy
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January 10, 2024, 06:03:25 AM


Explanation
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fillippone
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January 10, 2024, 06:18:21 AM
Merited by vapourminer (1)

Wtf happened? Is this some kind of joke? Someone should sue the SEC for market manipulation. Amateurs.
The SEC is going to sue the SEC for market manipulation.
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January 10, 2024, 06:38:36 AM
Merited by vapourminer (1), xhomerx10 (1)

Now you know…

Just expect few more confirmation 



https://x.com/pubkey_nyc/status/1744833182032154718
cryptoWODL
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January 10, 2024, 06:55:31 AM

Now you know…

Just expect few more confirmation  



https://x.com/pubkey_nyc/status/1744833182032154718

Good one  Grin
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January 10, 2024, 07:01:15 AM


Explanation
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January 10, 2024, 07:01:53 AM

Now you know…

Just expect few more confirmation 



https://x.com/pubkey_nyc/status/1744833182032154718

The eye is not safe. Cheesy

Anyone doesn't know how much time to 6 confirmations.  Grin
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January 10, 2024, 07:19:20 AM

ChartBuddy's 24 hour Wall Observation recap
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Credit to ChartBuddy
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January 10, 2024, 07:55:51 AM

Wtf happened? Is this some kind of joke? Someone should sue the SEC for market manipulation. Amateurs.
The SEC is going to sue the SEC for market manipulation.

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January 10, 2024, 08:01:15 AM


Explanation
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January 10, 2024, 08:16:05 AM

I'm not an expert but how... how they knew @SECGov tweet is fake?

Did Gary Gensler called the investors first before tweet it to the public?


https://twitter.com/therationalroot/status/1744858615993815428

 I'm no expert either but maybe some shorts got wrecked on the way up and other traders thought it was due to investors selling the news and decided to get out and sit on the sidelines to watch it play out?

https://twitter.com/StreetTraderJPP/status/1744885427298042139

You and I know this has all been a rouse from the very start.
This is just how when crypto and corporate clash.
That is a fact.
Just look at Mt.Gox, hacked then what Justin Sun is doing with his exchange, hacked too.
Didn't Binance also get hacked before or was it after the SEC made CZ step down as CEO.
It is all some sort of manipulation at play because that is just how the government rolls.
SBF must be laughing right now with #FireGaryGensler & #SECManipulation trending right after, can't see anything to do with spot getting an inch of clout tomorrow.
toknormal
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January 10, 2024, 08:35:19 AM


If you read between the lines here, "X" (Twitter) is basically saying the account WAS'NT hacked. It was legitimately authenticated from Twitter's point of view using the correct phone number. So @SECgov must'v simply lobbied X to announce it was "compromised" based on @SECgov's word that someone had access to G Gensler's phone that shouldn't have had it.

It's still all hand waving.

X (Twitter ) Ensures that the SEC account has been compromised and that two-factor authentication is not enabled on the account.



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January 10, 2024, 08:51:10 AM

X (Twitter ) Ensures that the SEC account has been compromised and that two-factor authentication is not enabled on the account.




Is it legal, that twitter announced an account has no 2FA?
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