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

[Anotherthing]

After obama allow state to confiscate all Cryptos holdings without any warnings  what did you through about the
future of bitcoin globally and in America ?? Will the price shut down  ??

Kind Of Respect ,
Bitcoin Boy .

How does this differ from any other financial asset, apart from the governments inability to intervene directly?

Well, Bitcoin simply screams "I support ISIS & buy child porn on illegal DARKnet markets," for one.
Like wearing a sandwich board with "Hallo!  I'm breaking ur lawz!  Arrest immediately pl0x!"

[1714888647]

1714888647

[1714888647]

1714888647

[1714888647]

1714888647

[Erdogan]

After obama allow state to confiscate all Cryptos holdings without any warnings  what did you through about the
future of bitcoin globally and in America ?? Will the price shut down  ??

Kind Of Respect ,
Bitcoin Boy .

We don't care. It is expected, bitcoin is not for the statists, it is for you and me.

[inca]

NLC is a strange chap.

[sporket]

Have you guys seen LEOCoin websites?  They're so smart, it's frightening!  Like magic, as if they were alive!
Do you think it has anything to do with LEOCoin's enhanced Neurocyberintelligence algorithm?

BTW, another question for Bitcoiners in the know: how come Bitcoin still relies on outdated SHA256?  Haven't you heard about quantum computers?

[tarmi]

Seen over the last few days on finex, are there lots of hidden buy orders? The bid to ask curve is slightly downwards sloping, but we have seen that megasells hardly move the price downwards. To me it looks like something new.

yes, bulls are so weak that are trying all kind of tricks to fool the market.

if it were a legit buy support, there would be no need to hide it.

[Ezmoneyezlife]

some proper analysis, which lacks alot in here:

According to strong bearish divergence on daily chart (which price didn't neutralized during weak rally) I see a pretty propabable H&S pattern

I see only move above 310 will harm bearish scenario

Volume-wise market has been positive since 1 April, but the momentum is lost after 3 Apr, so market is likely the have corrections.. just sayin.

Yep, its just nothing but another chinese wash volume bulltrap to force more longs before a dump, 135-160$ range is an obvious ultrasolid support.

[inca]

Seen over the last few days on finex, are there lots of hidden buy orders? The bid to ask curve is slightly downwards sloping, but we have seen that megasells hardly move the price downwards. To me it looks like something new.

yes, bulls are so weak that are trying all kind of tricks to fool the market.

if it were a legit buy support, there would be no need to hide it.

Unless bull whales are accumulating without moving the price up, which giant bid walls tend to do.

[sporket]

yes, bulls are so weak that are trying all kind of tricks to fool the market.
...

They're not fooling anyone but themselves.

@inca:  Sort of like you were secretly accumulating, before you started publically accumulating @ peak price?

[inca]

Yep, its just nothing but another chinese wash volume bulltrap to force more longs before a dump, 135-160$ range is an obvious ultrasolid support.

Short then.

[Fatman3001]

Yep, its just nothing but another chinese wash volume bulltrap to force more longs before a dump, 135-160$ range is an obvious ultrasolid support.

Short then.

Lol (they are pissing their pants)

[Erdogan]

Seen over the last few days on finex, are there lots of hidden buy orders? The bid to ask curve is slightly downwards sloping, but we have seen that megasells hardly move the price downwards. To me it looks like something new.

yes, bulls are so weak that are trying all kind of tricks to fool the market.

if it were a legit buy support, there would be no need to hide it.

Or - the big guns are sniffing on the market, wanting to get in but afraid to move the price too early.

Edit...Edit

[Fatman3001]

Seen over the last few days on finex, are there lots of hidden buy orders? The bid to ask curve is slightly downwards sloping, but we have seen that megasells hardly move the price downwards. To me it looks like something new.

yes, bulls are so weak that are trying all kind of tricks to fool the market.

if it were a legit buy support, there would be no need to hide it.

Or - the big guns are sniffing on the market, wanting to get in but afraid to move the price too early.

If they keep slurping up the cheap coins until sufficient buy pressure accumulates from elsewhere they will reap the greatest reward and the upward movement will have more legs to stand on.

Edit: I just hope they have deep enough pockets to keep at it. I am shellshocked from 2014.

[tarmi]

Seen over the last few days on finex, are there lots of hidden buy orders? The bid to ask curve is slightly downwards sloping, but we have seen that megasells hardly move the price downwards. To me it looks like something new.

yes, bulls are so weak that are trying all kind of tricks to fool the market.

if it were a legit buy support, there would be no need to hide it.

Or - the big guns are sniffing on the market, wanting to get in but afraid to move the price too early.

and they are doing it with borrowed USD from bitfinex?

naaaaaah

[ChartBuddy]

Coin
Explanation

[Erdogan]

Seen over the last few days on finex, are there lots of hidden buy orders? The bid to ask curve is slightly downwards sloping, but we have seen that megasells hardly move the price downwards. To me it looks like something new.

yes, bulls are so weak that are trying all kind of tricks to fool the market.

if it were a legit buy support, there would be no need to hide it.

Or - the big guns are sniffing on the market, wanting to get in but afraid to move the price too early.

and they are doing it with borrowed USD from bitfinex?

naaaaaah

Why not new entrants? The world is choke full of people who have 100KUSD as play money.

If so, it means that they vake a few dollars below the equilibrium, meeting the dumps coming from old hoarders or dumps that try to shake out some stop loss sell orders.

[inca]

and they are doing it with borrowed USD from bitfinex?

naaaaaah

But long swaps havent budged from 25 million in 5 days tarmi.

Whereas the number of shorts has climbed 4-5k. And the price has risen.

[sporket]

“[The] Bitcoin Foundation is effectively bankrupt."--newly elected board member of the Bitcoin Foundation, Olivier Janssens

[tarmi]

Seen over the last few days on finex, are there lots of hidden buy orders? The bid to ask curve is slightly downwards sloping, but we have seen that megasells hardly move the price downwards. To me it looks like something new.

yes, bulls are so weak that are trying all kind of tricks to fool the market.

if it were a legit buy support, there would be no need to hide it.

Or - the big guns are sniffing on the market, wanting to get in but afraid to move the price too early.

and they are doing it with borrowed USD from bitfinex?

naaaaaah

Why not new entrants? The world is choke full of people who have 100KUSD as play money.

If so, it means that they vake a few dollars below the equilibrium, meeting the dumps coming from old hoarders or dumps that try to shake out some stop loss sell orders.

so for new entrants the best entry point would be an obscure exchange in HK? doubt it.

for new players the best entry points are the gov auctions and big mining operations. if someone were indeed entering you would be the last one to know that.

dont be fooled by greedy pigs.

[inca]

Who moderates this thread? Not sure why these particular posts were selected for deletion when the multitude of NLC BS remains 'unmoderated' lol..

so, you are stupid, yes?

Thinking everyone else is stupid means you underestimate your opponents. Not a great strategy. How those shorts going by the way?

Always funny when they go quiet.

Yes.

Ask yourself why anyone would dedicate a considerable amount of their time to passionately ranting about something that they believe is doomed to failure.  For hours, daily.  Some have been doing it for months, years even.

I mean I'm pretty sure that, sadly, Mars One won't have anyone arriving on Mars before 2028, as is their stated goal.  But I'm not going to spend thousands of hours trolling their forums because I hold that opinion.  In fact, if I'm proved wrong I'd be thrilled.  In the meantime it, naturally enough, simply doesn't cross my mind very much.

So we turn to Bitcoin where the forums are trolled quite disproportionately and we ask ourselves why these people are here.  Consistent, vociferous and prolific.  Why aren't they getting on with their lives, checking in every so often to see whether they've been vindicated?

One has to wonder.  And not long after you begin to wonder you develop some circumstantial suspicions, shrug and move on with your life.  Let them waste theirs - don't let them waste yours.

+1

[damiano]

Whats up with the bids?

240 to 230 is a joke, 2k coins?