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

[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

[realr0ach]

Ive seen forex brokers with 1 second candles

Maybe on Tosh.0

[TERA2]

Beecoin Crash at 0.072.  Might be a good trade

More to come.  Still ripening in the sun.

0.05. I can feel it down in my plums.

This aged poorly

[lightfoot]

Why do people keep trying to pump bitcoin trash? (BCH)

[HairyMaclairy]

Beecoin Crash at 0.072.  Might be a good trade

More to come.  Still ripening in the sun.

0.05. I can feel it down in my plums.

This aged poorly

Good things come to those who wait. 

[podyx]

I don't like this correction...

[TERA2]

Because the bounce was inevitable and you make an easy 50% gain in this coin within 1 hour instead of waiting arduously for days counting on some miracle where the entire world of speculative money to pours into bitcoin.

[Rosewater Foundation]

Thar she blows

[jojo69]

BTFD

[HairyMaclairy]

Because the bounce was inevitable and you make an easy 50% gain in this coin within 1 hour instead of waiting arduously for days counting on some miracle where the entire world of speculative money to pours into bitcoin.

Different styles of trading.  I can go weeks or months without a miracle but miracles tend to pay quite well. And full credit to you calling it, well done.