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

[cAPSLOCK]

Just curious, at what price would an institution make an OTC purchase (if that's actually happening)?  Would it be higher or lower than exchange prices.    

Definitely happening.  And they would pay over exchange prices a bit as they are getting the discount on slippage. 

Also it would benefit them to dump into the thinly traded exchange markets before they buy.

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[El duderino_]

Just curious, at what price would an institution make an OTC purchase (if that's actually happening)?  Would it be higher or lower than exchange prices.    

Definitely happening.  And they would pay over exchange prices a bit as they are getting the discount on slippage. 

Also it would benefit them to dump into the thinly traded exchange markets before they buy.

i think they pay higher.... if someone would ask me to buy any BTC for cash it would be alsy +X%
otherwise just go on and buy of the exchange....   (not if it would be a close friend or something, with me not @all cause i don't sell)
but saw this kind of action with my friend when he sells something to another party for cash
and i think in very large amounts it would be the same as well .....

[ninobtcx]

.. well those games were super good though. Actually back then there wasn't much PC at all in games compared to today.

[gembitz]

Oh... FFS, now I'm making so little on my Shitcoin mining,  I'll have to close the window in winter.

/\BTI is the one to mine weeeee

[LFC_Bitcoin]

Anybody willing to call what we’ll bottom at?

I hope this doesn’t drag on for 6 months. Let’s just fucking get it over with.

[cAPSLOCK]

Off topic but totally cool: https://www.youtube.com/watch?v=6jxRnodaKzE

Not really off topic...

[fortune143]

Gonna need more of a bounce than this before any sort of bottom methinks

[El duderino_]

mmmm page 21.666
thats why this is all so messed up

[kurious]

mmmm page 21.666
thats why this is all so messed up

First thing I thought, too.  So it's not just me seeing doom everywhere...

Ah, fuck it - it's how we earn our stripes.  We can't have moon without occasional doom.

[jojo69]

success is not measured on the good days

[barota]

any other fucking support wall like 5800!!!!

[rafanadal]

5036

[rolling]

I think this is the whales fighting over BCASHBCHABCBCHSV. When they have the amount of disgusting fiat they need to prop up their respective forks, it will stop.

This is good for bitcoin. It redistributes coins from idiots and hopefully puts them in the hands of better stewards.

It will go as low as the whales are willing to part with their stash for and until they reach their target. CSW is a big baby and he has no problem destroying everything to be right in his twisted mind.

[barota]

5036

I hope the prices will return to normal and stable

[bitmover]

Is there ilany reason for this bloodbath? Just to remove weak hands?

I hope we go back up as fast as we crashed

[rafanadal]

5015

[realr0ach]

Did someone say seasteads?

[AlcoHoDL]

[Updated]

Kraken @ $4970...

[Paashaas]

Going all-in at $4300-$4750 

[realr0ach]

You can tell the market is still in a scam bubble due to all the effort going into creating these bogus walls and bullshit trying to prop it up as it implodes.