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

[HairyMaclairy]

We are halfway down the one week candle.  Relax.

[realr0ach]

They're obviously not going to attempt to short bitcoin into the ground on day 1 of futures opening to make things too obvious (at least I think).  There's also the fact they don't want people to buy precious metals because the markets are stretched tight as is with nation states like Russia and China buying up the gold.  They want to distract people from metals so they won't buy them because they don't want anyone to have access to sound money and want you to buy bitcrap instead.  It doesn't seem like there's much reason for them to crater bitcoin right now unless they notice everyone is converting artifically inflated bitcoin profit to metals.  That would be the "oy vey, the goyim know! shut it down!" moment.

[Rosewater Foundation]

We are halfway down the one week candle.  Relax.

It's just...I think I can see the Earth out there. I never want to go back.

[HairyMaclairy]

Roach:  nothing would delight me more than $3k Bitcoin tomorrow.

[ragnar0k]

The FUD is strong these days, almost reminds me when BCH was a thing XD

[Rosewater Foundation]

The FUD is strong these days, almost reminds me when BCH was a thing XD

If we can hold these losses until Monday it will help to shake loose more coins.

[ragnar0k]

The FUD is strong these days, almost reminds me when BCH was a thing XD

If we can hold these losses until Monday it will help to shake loose more coins.

Yep, for the happyness of banks, I am out of fiat

[HairyMaclairy]

We are halfway down the one week candle.  Relax.

It's just...I think I can see the Earth out there. I never want to go back.

https://youtu.be/K2ku1A5Ox8U

Crank the volume and learn to love it.

[Rosewater Foundation]

We are halfway down the one week candle.  Relax.

It's just...I think I can see the Earth out there. I never want to go back.

https://youtu.be/K2ku1A5Ox8U

Crank the volume and learn to love it.

https://youtu.be/6P2FB9Mg_YI?t=2m13s

[fabiorem]

The FUD is strong these days, almost reminds me when BCH was a thing XD

Some people might FUD because theres no clear explanation of how futures work, and we dont know who have been pumping bitcoin recently. It could be hedge funds who are going to sell contracts in CME, and we dont know if the banksters who are against bitcoin will be their clients or not. So some people are shorting, based in this fear, I think. If you are going to short, just short some small bit, hold the rest, because fiat is not worthy it, unless you really want it to pay bills.

[ragnar0k]

The FUD is strong these days, almost reminds me when BCH was a thing XD

Some people might FUD because theres no clear explanation of how futures work, and we dont know who have been pumping bitcoin recently. It could be hedge funds who are going to sell contracts in CME, and we dont know if the banksters who are against bitcoin will be their clients or not. So some people are shorting, based in this fear, I think. If you are going to short, just short some small bit, hold the rest, because fiat is not worthy it, unless you really want it to pay bills.

Well, the few I regard in this space all suggested not to short...
Also, although it seems a crap lots of money I see nothing different from the small dips we had in the past in terms of percentage! I think up to 10k we got without the help of derivatives, so that is our base... I can live with that

[infofront]

Threatening a bit of down again, what would be the correction that would make everyone happy?

Its not far off for me already. at somewhere between about 11-9

It dipped to 12.7 its trying.

I think 10K is bedrock now. A bounce or two off 10K would be nice.

[AlexGR]

and we dont know who have been pumping bitcoin recently. It could be hedge funds who are going to sell contracts in CME, and we dont know if the banksters who are against bitcoin will be their clients or not.

I think this was more or less settled (Koreans) ? Unless bankers and CME shorters would use the KRW markets with 2-4k premiums...

[HairyMaclairy]

It’s looking rather red in Alt land.  Tether $1.03 lol

[Ivor Biggun]

and we dont know who have been pumping bitcoin recently. It could be hedge funds who are going to sell contracts in CME, and we dont know if the banksters who are against bitcoin will be their clients or not.

I think this was more or less settled (Koreans) ? Unless bankers and CME shorters would use the KRW markets with 2-4k premiums...

The Koreans undoubtedly have a massive impact.

However, most big bitcoin exchanges are struggling to cope with the sheer numbers of newbies registering with them to buy bitcoins. Every time I look at the news there's another bitcoin story. The sheer volume of publicity is bringing more and more people into bitcoin, and they aren't all Korean.

[RayX12]

and we dont know who have been pumping bitcoin recently. It could be hedge funds who are going to sell contracts in CME, and we dont know if the banksters who are against bitcoin will be their clients or not.

I think this was more or less settled (Koreans) ? Unless bankers and CME shorters would use the KRW markets with 2-4k premiums...

Nobody going to sell futures with 44% margin.. for all practical purposes leverage is non existent.  Market cannot be moved with any advantage with futures.

[Rosewater Foundation]

Is it time to panic tho?

[TERA2]

[Rosewater Foundation]

[jojo69]

Is it time to panic tho?

somebody shop the NASA logo on that bag