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

[conspirosphere.tk]

The problem for the big pocketed folks is that unlike the gold futures market or the stock market you can't naked short BTC. You actually have to have some to sell or borrow.

This makes the market much harder to control hence the weekend/holiday attempts when people can't get fiat onto an exchange.

yes, but you can short BTC with leverage, even high, almost naked. And if you have deep pockets or a money printer you can short forever. But I guess that now the lizards are undecided between milking and killing crypto.

[JayJuanGee]

There's a big, smart short with pockets deeper than a whale puss that's gonna wreck any futile attempts at recovery.

It's just the way it is. Don't shoot the messenger.

The problem for the big pocketed folks is that unlike the gold futures market or the stock market you can't naked short BTC. You actually have to have some to sell or borrow.

This makes the market much harder to control hence the weekend attempts when people can't get fiat onto an exchange.

What does the weekend even do to keep people from "getting fiat onto an exchange"? I've never understood this. Any wire will have to be sent days in advance anyway.

You seem to be conflating a couple of concepts.  ACH deposits take several days; however, there  are a large number of wire services that can go through in less than an hour.  I have done several wire transfers that cost me only $15 and the amount of the wire does not matter, and there are likely similar services for other people - possibly they charge more - but their speed can be quick for those paid-for services and well worth the amount of money, if the sender believes that s/he can profit grater than the amount of the fee.

I know this may be crazy to conceive but have you possibly thought that there are people who both own a lot of BTC and a lot of fiat? I know, crazy right? Who'd think that the two would be in any way correlated.

You are again engaging in distraction here.  You certainly can have a lot of money and if your goal is to merely attempt to debilitate bitcoin, then you can spend a lot of money in such an attempt to buy and sell at a loss.  However if you don't want to lose money, then your options are going to be more difficult because sooner or later you are going to run out of coins.. sure, you may be one of the richest folks in the world, but even rich folks do not like to throw away money if it does not serve any purpose for them.

So, sometimes a lot of small buyers can overwhelm a group of whales because they run out of coins (that is if they keep selling them, sooner or later they will run out).

[Torque]

By the way, hasn't Roach got his account back yet?

In times such as this, we could all enjoy some explanation on the power of precious metals - and especially silver.

So funny and true. Incidently I've been keeping my on the PM market. Something happening there that's very telling. Major short positions closed and new longs opened... signals? This is all happening along with rise of Bitcoin. If Gold breaks 1350 again along with silver 20+, there could be major things on the horizon. Canary in coalmine? I guess we'll see.

[BlindMayorBitcorn]

https://twitter.com/DanDarkPill/status/904794226168401920

So I was just reading this Chinese bounty-hunter forum, when I saw this.  I don't understand Chinese, but looks bad.

Who's the ace of diamonds

[CoinCube]

yes, but you can short BTC with leverage, even high, almost naked. And if you have deep pockets or a money printer you can short forever. But I guess that now the lizards are undecided between milking and killing crypto.

There are limits. Most exchanges don't allow shorting. Those that do have a limited amount of BTC they can lend out. These limits won't be noticed by the small players but are very real for a larger player trying to move the market.

This is different from other markets where unlimited naked short selling is allowed and overlooked.

[afbitcoins]

By the way, hasn't Roach got his account back yet?

In times such as this, we could all enjoy some explanation on the power of precious metals - and especially silver.

So funny and true. Incidently I've been keeping my on the PM market. Something happening there that's very telling. Major short positions closed and new longs opened... signals? This is all happening along with rise of Bitcoin. If Gold breaks 1350 again along with silver 20+, there could be major things on the horizon. Canary in coalmine? I guess we'll see.

Yes gold has very definitely broken out of its several years bear market. Undeniably back to bullish on gold.

Heres a chart of gold versus US$

[afbitcoins]

As for bitcoin (segwit) on this log chart, these corrections don't look very serious at this time. Although it 'could' be a top I think unlikely, more of a correction.

[BlindMayorBitcorn]

Confirmed?

[becoin]

Whoever sold, well,thanks for the cheap coins. I love this game! Now we can just sit and watch how $5k is crashed.

[Last of the V8s]

Confirmed?

needs moar confirmations to be sure

[JimboToronto]

Whoever sold, well,thanks for the cheap coins. I love this game! Now we can just sit and watch how $5k is crashed.

Fun, isn't it? 

[600watt]

chill out. we are safe. if we can beat Jesus & the Beatles, we can beat anyone.

[suzanne5223]

Guys what do you think that is gonna happen in the market tonight?
I really feel that bitcoin will break to $4000 zone, and it will stay there for maybe a few hours or maybe days.
And then go up again, i am sure that this is gonna happen, right now the market is crazy and all altcoins are going down and up in matter of minutes. I have never seen that volume in the altcoin market.
by the way, this is a good zone to buy bitcoin right now

Yeah. The situation which happened in China and the SEC telling Protostarr to shut its token sale
 operation and refund its investors did open door for new buying zone but the price of bitcoin will be between $4200-4300 range before it bull.

[Meuh6879]

needs moar confirmations to be sure

20 ... ? 

[explorer]

chill out. we are safe. if we can beat Jesus & the Beatles, we can beat anyone.

Do you find it troublesome to see how much interest waned from 2004 to 2009 though?  We could see such a decline again 

[sirazimuth]

i think that was the bottom...

[gentlemand]

Do you find it troublesome to see how much interest waned from 2004 to 2009 though?  We could see such a decline again 

What did Jesus get up to in 2004?

[yefi]

chill out. we are safe. if we can beat Jesus & the Beatles, we can beat anyone.

Today Jesus, tomorrow God.

[drbrockcoin]

There is but one True Chain, Satoshi Akbar

LOL

ICOIA COIN

[BlindMayorBitcorn]

Do you find it troublesome to see how much interest waned from 2004 to 2009 though?  We could see such a decline again 

What did Jesus get up to in 2004?

In a suburb of Moscow, Russia, the roof of the Transvaal water park collapses, killing more than 25 people, and wounding more than 100 others. And that was only February.