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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26965649 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
ivomm
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All good things to those who wait


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June 02, 2018, 06:30:06 AM

Cointelegraph ad in Times Square.
nanobtc
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View Profile WWW
June 02, 2018, 06:44:28 AM

Gawd... Please, if you must quote wordy-man, or the bug, at least do us the grace of snipping out most/all of it.

Think of the children. Or something.
FractalUniverse
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June 02, 2018, 07:03:36 AM

Ok, which one of you ordered the large green dildo ?

I'll have two or three on weekly chart, please Grin
DaRude
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In order to dump coins one must have coins


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June 02, 2018, 07:05:46 AM

Ok, which one of you ordered the large green dildo ?

I'll have two or three on weekly chart, please Grin

Well this is refreshing
TERA2
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Deb Rah Von Doom


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June 02, 2018, 07:50:08 AM

Ok, which one of you ordered the large green dildo ?

I'll have two or three on weekly chart, please Grin

Like this?

FractalUniverse
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June 02, 2018, 08:03:58 AM

Ok, which one of you ordered the large green dildo ?

I'll have two or three on weekly chart, please Grin

Like this?



I imagined something more like this  Smiley :
greensheep
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June 02, 2018, 08:34:17 AM

Ok, which one of you ordered the large green dildo ?

I'll have two or three on weekly chart, please Grin
]

I imagined something more like this  Smiley :


And make that last one a double please!
El duderino_
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“They have no clue”


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June 02, 2018, 08:45:10 AM

Ok, which one of you ordered the large green dildo ?

Last of the V8s
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Be a bank


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June 02, 2018, 08:56:38 AM
Merited by LFC_Bitcoin (1)

Arching_wild
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June 02, 2018, 09:03:45 AM
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Definitely NOT one of Slayer’s best albums

Karartma1
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June 02, 2018, 10:08:52 AM
Merited by Torque (1)

I bought my monthly bunch. Now I can go out and have fun!
Cointelegraph ad in Times Square.

I don't like these things.
Bitcoin don't need no advertising.
El duderino_
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“They have no clue”


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June 02, 2018, 10:09:26 AM

4rt3m
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June 02, 2018, 11:26:30 AM
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12 Graphs That Show Just How Early The Cryptocurrency Market Is

https://medium.com/@mccannatron/12-graphs-that-show-just-how-early-the-cryptocurrency-market-is-653a4b8b2720


4rt3m
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June 02, 2018, 11:30:13 AM

McDonalds campaign in Switzerland

https://www.adsoftheworld.com/media/outdoor/mcdonalds_big_mac_50

bitcoinPsycho
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$220000 in one hour confirmed


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June 02, 2018, 11:31:52 AM

fools gold
xhomerx10
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June 02, 2018, 11:47:00 AM

Cointelegraph ad in Times Square.


 That's awesome!  I'm glad there are people who believe so much in Bitcoin.
fabiorem
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June 02, 2018, 01:02:36 PM

You know I was literally getting emotionally exhausted focusing too much on these charts when we were crashing and what not. When I look back it's $7600+, what the fuck happened while I was, should I stay gone?


Stay away for a while and relax. The price is going to stabilize.
xhomerx10
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June 02, 2018, 01:03:53 PM


 Here's a gif conversion of the actual video.
International sandwich topped with international currency.  It's a beautiful thing.  



      вoт чтo я люблю       我就喜欢
              
                      Ich liebe es              Ninaipenda

        işte bunu seviyorum                                     Me encanta

                                         C’est tout ce que j’aime
Torque
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June 02, 2018, 01:14:36 PM
Last edit: June 02, 2018, 01:35:46 PM by Torque

Of course, we've seen times before where the deep pocket whales begin the next bull run with a bang, aka a massive dump/short and stop loss hunt to liquidate all the of the leveraged longs first. If the whales accumulate for a long sideways period, this would give them the ammo they need. So I imagine the next bull run trigger will start with something like that. It could take us spiking down briefly to the $5K range in a flash, before heading back up.

Running stops seems to be fundamentally about acquiring product and not so much about effecting the price. Do whales need the coins that are on offer on the exchanges? It seems to me that a whale would interact with an exchange for the purpose of effecting the price more than the purpose of accumulating/liquidating his position. If he were either accumulating or liquidating he would want to do either of those things OTC because if he were accumulating he wouldn't want to drive the price up and if he were liquidating he wouldn't want to drive the price down. So he makes changes to his position OTC but perhaps he tries to use a small portion of his stash to manipulate the price down before making an OTC purchase and vice a verca before making an OTC sale.

I'm not really trying to argue against you here. I'm mostly just interested in how you will respond to these thoughts.

I agree, you're right in that stop running is usually about shaking the tree in a sideways market to acquire more supply OTC, without effecting the underlying market price.

We also see that when a bull run starts in earnest, there are a lot of major shakeouts on the way up as the whales try to scoop up more coins before moving the market up. This usually coincides with sudden FUD events that are complete nonsense.

What I was referring to is a major sort of dump/short that signals the start of a new bull run. The whales start by attempting to stop out every existing leveraged long and scooping up their cheap coins before running up the market. They want to begin the run by being the biggest coin holder in the pond. But perhaps this is harder to do now since there are so many exchanges.... I'm sure it was easier when there was just a few when Mt. Gox was still around. It may or may not happen.

What do you think Anon136? Have you observed this in the past?
Torque
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June 02, 2018, 01:35:04 PM

Definitely NOT one of Slayer’s best albums

Who's the guy on the far right?
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