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

[damiano]

Ouch I see shorts are almost back to 20k

 


what say you?

short squeeze incoming?

Hell if I know.  I thought for sure I would of woken up to 240's.  It's a long way back to 300 and almost 9k to 290.  Seems like 260 isn't going to hold for to much longer.  Whoever is selling is doing it a lot smarter by letting the bids recover a bit.

I don't know anything anymore, it's just crazy we have so many longs at a crappy rate and that is what worries me.

[1715201990]

1715201990

[michaelGedi]

I totally agree, it's just been a lot of bear grumbling here today so I thought perhaps you had something to add.

Although I see some of the signs of this going to smack to the ground, there are things that makes me feel like we are being played here.
If you look at the movement (http://bfxdata.com/combined/btc.php) from 20.00 to 24.00 on the 19th of March, which is followed by dead silence, that looks... And the sentiment at the time from everyone who is dead sure now was "WTF???", which tells me we might be staring at a trap, hopefully for bears.

Then again, I really want this thing to go through the roof so I am quite biased.

just to note: those scales are arbitrary, if you zoom out picture looks different

[tarmi]

Meanwhile in CHina>

[tarmi]

Ouch I see shorts are almost back to 20k

 


what say you?

short squeeze incoming?

Hell if I know.  I thought for sure I would of woken up to 240's.  It's a long way back to 300 and almost 9k to 290.  Seems like 260 isn't going to hold for to much longer.  Whoever is selling is doing it a lot smarter by letting the bids recover a bit.

I don't know anything anymore, it's just crazy we have so many longs at a crappy rate and that is what worries me.

dude, I was being sarcastic.

[dreamspark]

Bitcoiners are happy to pay x2 - x10 more for drugs, as long as they can do it without leaving their basement.  Repeatedly losing *all* their coin is just an added bonus.
Dealers, OTOH, learn from their mistakes.

Its not that much more expensive it depends where you live. A gram of coke in Australia is north of $400/g so... Plus  its tested, reviewed and most things are much higher quality than the shit you have to go meet dodgy Phil down the back of an alley way for.

[empowering]

Bitcoiners are happy to pay x2 - x10 more for drugs, as long as they can do it without leaving their basement.  Repeatedly losing *all* their coin is just an added bonus.
Dealers, OTOH, learn from their mistakes.

Its not that much more expensive it depends where you live. A gram of coke in Australia is north of $400/g so... Plus  its tested, reviewed and most things are much higher quality than the shit you have to go meet dodgy Phil down the back of an alley way for.

that dodgy Phil is a right c*nt

[empowering]

Meanwhile in CHina>

That guy ^^ does not look well.... in fact he looks really quite .......

[Morecoin Freeman]

I just got off the phone with China. New dump incoming!

[ChartBuddy]

Coin
Explanation

[calme]

What about North Korea? Will they be dumping too?

[empowering]

What about North Korea? Will they be dumping too?

Do you know what you can say to North Koreans on the internet?

Anything you fucking want.

Seriously though, they do Bitcoin mining via the washing line abacus method.

[SilenceOfTheLamb]

Bitcoiners are happy to pay x2 - x10 more for drugs, as long as they can do it without leaving their basement.  Repeatedly losing *all* their coin is just an added bonus.
Dealers, OTOH, learn from their mistakes.

Its not that much more expensive it depends where you live. A gram of coke in Australia is north of $400/g so... Plus  its tested, reviewed and most things are much higher quality than the shit you have to go meet dodgy Phil down the back of an alley way for.

Not talking about AU, US<->US.  What's wrong with you Aussies tho?  LE can't be *that* great down your way, why can't you get normal prices?

http://www.pekosgunbox.net/MadMax-021.jpg

[calme]

I'm pretty sure it's b/c they're still indebted to some British guys

[empowering]

Bitcoiners are happy to pay x2 - x10 more for drugs, as long as they can do it without leaving their basement.  Repeatedly losing *all* their coin is just an added bonus.
Dealers, OTOH, learn from their mistakes.

Its not that much more expensive it depends where you live. A gram of coke in Australia is north of $400/g so... Plus  its tested, reviewed and most things are much higher quality than the shit you have to go meet dodgy Phil down the back of an alley way for.

Not talking about AU, US<->US.  What's wrong with you Aussies tho?  LE can't be *that* great down your way, why can't you get normal prices?

Their customs do not take kindly to you bringing fruit into the country, the gangs on the other hand can manufacture meth with relative ease with locally available ingredients. And also have a mighty large area to grow all the grass they could smoke, so therefore the gangs push meth and smoke... the pills and coke and the like are there but mighty costly.  The cost of importing is high, in part also due to isolation.

[empowering]

Wide area persistent stare.

Engaged.

[SilenceOfTheLamb]

I'm pretty sure it's b/c they're still indebted to some British guys

Just figured a nation bred entirely from criminal stock would know how to do the drug thing right.  Guess not

[JimboToronto]

Good (late) morning Bitcoinland.

Still going sideways I see. Last night's little dip didn't last long.

It was enough to wake the beartards up though.

 

[calme]

I'm pretty sure it's b/c they're still indebted to some British guys

Just figured a nation bred entirely from criminal stock would know how to do the drug thing right.  Guess not

I heard that there were so many prisoners in OZ they had to switch it to only innocent ppl being in prison

[Bagatell]

I'm pretty sure it's b/c they're still indebted to some British guys

Just figured a nation bred entirely from criminal stock would know how to do the drug thing right.  Guess not

I heard that there were so many prisoners in OZ they had to switch it to only innocent ppl being in prison

For quoting trolls I sentence you to a life time of Prisoner Cell Block 7 reruns.

[ChartBuddy]

Coin
Explanation