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

[HairyMaclairy]

BFX and Bitstamp taking some time off to smell the roses and enjoy the journey. 

[1714773608]

1714773608

[1714773608]

1714773608

[MNDan]

What's with the overloaded mempool and high transaction fees? Looks like BCash is getting a tiny pump - coincidence?

[Punisher13142]

Looks like BCash is getting a tiny pump - coincidence?

Ver's last try to pump the trashcoin above 0.1 i think  . It caused a ridicolous correction in the btc market, lmao

[Elwar]

So...some of us remember the early days when someone with a good chunk of money, like $10-50k could come in and move the market around and we saw a lot of volatility and watched as the walls moved things up and down (hence a thread to watch those walls).

The response to such volatility was that as the market grew such small amounts wouldn't be able to manipulate the market and things would stabilize. But now we have financial firms and big time investment companies coming in doing the things that the small whales did in the early days.

The same response to the volatility holds true, eventually the market cap will be so big that even those big firms can't move the price very much.

Then come full nation states trying to move the price.

[criptix]

OK lets get back to serious business...

WHO IS BUYING? 

[ForeverSmall]

Wall is crazy to bring the bitcoin into worldwide it make bitcoin grow too fast and no one can't control it now like a ballon it will blow it sometime in the future but not know in 1 year or 100 years )

[Elwar]

It looks like last night we went through the full bubble cycle in like 6 hours, including return to the mean (on GDAX).

[JayJuanGee]

made more while typing this post than working an entire week monthwtf YEAR?!?!?! that can´t be true

Imagine how the truly wealthy elite like Warren Buffett feel, when a 1+% swing in the stock market means he just made $40M (I just made this number up, but you get the point).

Or even guys like Tim Draper or the WinkleVoss twins. 2-3% swings in Bitcoin are millions to them.

I think that several of us are on a similar page, and we are starting to get more personalized feelings for that.

If your portfolio goes from swinging $100s of dollars in a day to thousands to tens of thousands to hundreds of thousands, these matters become more and more relatable, even if you do no have millions or tens of millions of changes, many of us are coming closer to that.. and if you have had anywhere the 200 coins or above, you have already experienced an upwards swing of a million in a few days.
... even if you "ONLY" had 100 coins, you still have more than half a million swing in a few days.

And congrats to all 60 or more coin holders for touching upon bitcoin millionnaire status today... hopefully prices will continue in that upwards direction.

[jojo69]

So...some of us remember the early days when someone with a good chunk of money, like $10-50k could come in and move the market around and we saw a lot of volatility and watched as the walls moved things up and down (hence a thread to watch those walls).

The response to such volatility was that as the market grew such small amounts wouldn't be able to manipulate the market and things would stabilize. But now we have financial firms and big time investment companies coming in doing the things that the small whales did in the early days.

The same response to the volatility holds true, eventually the market cap will be so big that even those big firms can't move the price very much.

Then come full nation states trying to move the price.

then we win?

[criptix]

So...some of us remember the early days when someone with a good chunk of money, like $10-50k could come in and move the market around and we saw a lot of volatility and watched as the walls moved things up and down (hence a thread to watch those walls).

The response to such volatility was that as the market grew such small amounts wouldn't be able to manipulate the market and things would stabilize. But now we have financial firms and big time investment companies coming in doing the things that the small whales did in the early days.

The same response to the volatility holds true, eventually the market cap will be so big that even those big firms can't move the price very much.

Then come full nation states trying to move the price.

then we win?

no not really, they have guns, tanks and jet bombers  

you will just need to happily pay your tax then all should be good.

[Rosewater Foundation]

And congrats to all the new quarter-millionaires. You're great!

[Rosewater Foundation]

Ok brother - understood and good luck in this great game. 

Don't mind him, he pulls the poor boy routine every pump. Thinks we'll ply him with sympathy riches.

[Elwar]

So...some of us remember the early days when someone with a good chunk of money, like $10-50k could come in and move the market around and we saw a lot of volatility and watched as the walls moved things up and down (hence a thread to watch those walls).

The response to such volatility was that as the market grew such small amounts wouldn't be able to manipulate the market and things would stabilize. But now we have financial firms and big time investment companies coming in doing the things that the small whales did in the early days.

The same response to the volatility holds true, eventually the market cap will be so big that even those big firms can't move the price very much.

Then come full nation states trying to move the price.

then we win?

The only reason nation states would want to manipulate the bitcoin price is because they have a lot of bitcoins.

Like how they manipulate gold prices.

[realr0ach]

There's some extreme delusion in this thread.  The dollar cost average of coins that the jew banks hold is lower than the vast majority of people in this thread...and they probably own 1/2 to 3/4ths of Crapthereum.  They're all massively hedged in this garbage long ago.

[windjc]

There's some extreme delusion in this thread.  The dollar cost average of coins that the jew banks hold is lower than the vast majority of people in this thread...and they probably own 1/2 to 3/4ths of Crapthereum.  They're all massively hedged in this garbage long ago.

Haha. You are the ultimate troll.

I bet Roach has over 1000btc and just trolls for fun.

Otherwise its a fucking sad story.

[HairyMaclairy]

It looks like last night we went through the full bubble cycle in like 6 hours, including return to the mean (on GDAX).

I feel like I need to watch the 5 minute chart to get a sense of perspective....

[TERA2]

17171 will make a nice historical ananagram

[windjc]

It looks like last night we went through the full bubble cycle in like 6 hours, including return to the mean (on GDAX).

I feel like I need to watch the 5 minute chart to get a sense of perspective....

^^^ said no sane person ever.

[HairyMaclairy]

I think 1 second candles would be a lot of fun

[TERA2]

Ive seen forex brokers with 1 second candles